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Tesla Giga Mexico gets $153M incentive from Nuevo León

Teslarati

Tesla Gigafactory Mexico will receive $153 million worth of incentives from Nuevo León as state officials seek to temper concerns about delays in the new factory. Nuevo León’s state economic development council approved Tesla Giga Mexico’s incentives, which include the buildout of basic infrastructure like roads and water treatment.

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BMW's next-gen Neue Klasse EVs will be made in Mexico

Green Car Reports

BMW's next-generation EVs will be built in San Luis Potosí, Mexico, as well as two European production sites, the automaker confirmed in a press release Friday. tax credits and supply-chain incentives. That may allow these new EVs, and their related battery production facility, to qualify for U.S.

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China is Unhappy with the Inflation Reduction Act and Has Complained to the WTO

The Truth About Cars

Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. The Chinese Ministry of Commerce claimed the Inflation Reduction Act is “discriminatory” and said it has “seriously distorted” supply chains. At the same time, the U.S. will mount a vigorous defense. others might.

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2023 was a tremendous year for both EVs and Plug In America!

Plug in America

Clean Vehicle Tax Credits Clean vehicle tax credits kicked into high gear in 2023. New federal EV tax credits were expanded and updated, and credits for used and commercial EVs became available for the first time in January. New Mexico adopted the Advanced Clean Cars II standard (ACC II).

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Tesla investors post questions for TSLA Q3 2023 earnings call

Teslarati

As of writing, Say’s webpage for the Tesla Q3 2023 earnings call features a variety of notable questions, spanning topics from Tesla’s factories like Gigafactory Mexico to future projects like Optimus and the dedicated Robotaxi. Is your analysis of your supply base risk complete?

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After chiding Ford for US CATL battery plan, GM may be seeking its own

Baua Electric

battery-supply deal with China’s CATL, Car News China reports. or Mexico, along with a GM license agreement for CATL’s LFP battery tech. General Motors is negotiating a U.S. GM already works closely with CATL, but that relationship is limited to the China market.

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GM in talks with CATL to license cheaper LFP EV battery tech and joint North American plant

Baua Electric

Details are scarce, but the plant will likely be in the US or Mexico. Under the GM deal, CATL would be responsible for building the production lines, supply chains, and other equipment while GM handles the CapEx. The plans also reportedly include building a joint North American factory to make the batteries. Ford announced a $3.5

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