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Mexico Emerges as an EV Manufacturing Hub: INA
By Rodrigo Andrade - Wed, 03/08/2023 - 12:46
Tesla joins automakers Ford, General Motors, Audi and BMW in establishing EV assembly plants in Mexico.
https://mexicobusiness.news/tag/automotive-investment
More Automotive
Tesla, Nuevo Leon Commit to Lead the Future of Electromobility
By Rodrigo Andrade - Thu, 03/02/2023 - 09:44
Nuevo Leon will have “the biggest electric vehicle plant in the world,” according to Elon Musk, CEO, Tesla. This and more in the weekly roundup.
ZF Group Invests US$245 Million to Expand Mexican Operations
By Rodrigo Andrade - Thu, 02/23/2023 - 09:01
ZF Group will expand its facilities in Queretaro to meet the growing demand for its chassis technologies.
Jetour to Enter Mexican Market With US$1 billion Investment
By Rodrigo Andrade - Wed, 02/22/2023 - 11:46
The Chinese automaker plans to enter the Mexican market in April 2023 with two SUVs models and will invest US$1 billion to build an assembly plant.
Ford Invests US$3.5 billion in New Battery Plant
By Rodrigo Andrade - Tue, 02/14/2023 - 09:55
The automaker commits to electromobility with a US$3.5 billion investment in a new battery plant in Michigan, powering 400,000 future EVs.
American Industries to Invest US$150 Million in Infrastructure
By Rodrigo Andrade - Mon, 02/13/2023 - 13:13
The shelter plans to expand its industrial warehouse portfolio and build industrial parks in Chihuahua and Nuevo Leon.
BMW to Invest US$866 Million to Boost EVs Production in Mexico
By Rodrigo Andrade - Thu, 02/09/2023 - 14:38
The German carmaker will invest US$866 million (€800 million) to increase EV production capabilities at its San Luis Potosi plant.
Kern-Liebers Expands Operations in Nuevo Leon
By Rodrigo Andrade - Mon, 01/30/2023 - 13:42
German precision technology company Kern-Liebers invested US$10 million to expand its production plant in Nuevo Leon, creating 300 new jobs.
Tesla Invests US$3.6 billion in Its Gigafactory in Nevada
By Rodrigo Andrade - Thu, 01/26/2023 - 13:14
Tesla will invest US$3.6 billion in Nevada to create 3,000 new jobs and two new plants.