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intends to open a new manufacturing facility in Mexico to produce aluminium automotive structural components. This plant, located in San Luis Potosí, will allow Constellium to respond to increasing demand for lightweight, high-strength aluminium Crash Management Systems and automotive structures for the expanding autoindustry in Mexico.
auto market anytime soon , some U.S. Credit: BYD At the same time, many automakers including Tesla are racing to build their next-generation, mass-market EVs, set to first be produced in Texas as soon as 2025 , then later at an upcoming factory in Mexico , and eventually at a yet-unannounced third location.
On Tuesday, longtime autoindustry veteran Sandy Munro shared a new interview with Musk, held following the Cybertruck delivery event. You can watch the full interview from Munro below, which marks the second time the autoindustry veteran has interviewed Musk. What are your thoughts?
Recent reports indicate that Tesla’s new gigafactory could be located in Mexico. Besides Mexico, there have been a few locations that Tesla has considered for its new gigafactory. Even if Mexico is Tesla’s new gigafactory location, the other places in the running are not completely out of the question.
When our country was attacked at Pearl Harbor, no one believed we could build 30,000 planes and tanks in just one year. Well, America’s autoindustry delivered over 100,000. That helped us become the world’s greatest industrial power. It helps that the autoindustry will be building more efficient new vehicles.
Chinese automaker BYD has been seeking to build an automotive plant in Mexico, with the company’s regional chief executive confirming the plan on Wednesday. manufacturing advocacy group, the Alliance for American Manufacturing, this month warned low-cost Chinese cars and parts could threaten the viability of auto companies in the U.S.
A Honda exec told Charged in February he was confident they’d receive 40,000 Prologues from the factory in Ramos Arizpe, Mexico, during calendar 2024. GM would build the car for Honda alongside the Chevy in its Ramos Arizpe plant. Honda did a deal with GM to develop its own electric SUV, the Prologue, on Blazer EV underpinnings.
Global technology company ZF officially opened the campus that will house four corporate function hubs for North America and the company’s first R&D centre in Mexico, on April 4, 2024. It is the first multi-functional and multi-divisional campus for ZF in Mexico. This investment is a win-win.
The autoindustry is faced with the question of whether and how we will be a global leader in the future,” Baerbock said at the event. For our nation, where the autoindustry accounts for a large share of value creation, this is not just an economic issue, but also a question of security.”
Some of Tesla’s important accomplishments in 2023 included the launch of the highly anticipated Cybertruck and the redesigned Model 3 “Highland,” as well as the widespread adoption of the automaker’s charging hardware across the North American autoindustry.
But BYD's ambitions in Mexico go beyond just selling cars. They're reportedly close to sealing a deal to build a manufacturing plant there, which would create over 1,000 jobs. This factory would not only cater to the local market but also serve as an export hub, leveraging Mexico's strategic position and burgeoning autoindustry.
The EV3 is a cornerstone of Kia’s plans to secure its future position in the autoindustry. After reports surfaced that Kia would build the affordable EV in Mexico and export it to the US, it looks like they are turning out to be true. Kia is expected to begin production at its Monterey plant in Mexico by the end of 2024.
Tesla is reportedly in talks with Italy to build a factory in the country, according to the Minister for Business and Made in Italy. Italy has been looking to diversify its autoindustry, which is currently dominated by Stellantis – a laggard in electrification. Electrek’s Take I would take this with a grain of salt.
Nissan and Honda building a software-defined EV? Mitsubishi’s CEO Takao Kato explained, “Collaboration with partners is essential in today’s autoindustry,” with EVs and other tech rapidly developing. BYD is breaking into Japan’s seemingly impenetrable autoindustry. And that’s just one market.
China’s leading automaker, BYD , is reportedly planning to build yet another EV factory overseas as it looks to take on new global markets. Despite new tariffs on Chinese EV imports in the US and Europe, BYD is widening its lead in key auto markets like Southeast Asia and South America. However, that’s expected to change very soon.
Its factories in Texas and Berlin have ramped up production rates on several occasions thus far in 2023 already, and as manufacturing continues to grow at those factories, Tesla will also increase its annualized build rates with a new plant in Mexico.
Writing a grant to fund the expansion of 15 Level 2 community chargers within the city of Las Cruces, New Mexico. Growing up in Sunland Park, New Mexico, Jonathan learned early the value of education, the strength of our community, and the power of investing in the future. What type of leadership makes you thrive?
Writing a grant to fund the expansion of 15 Level 2 community chargers within the city of Las Cruces, New Mexico. Growing up in Sunland Park, New Mexico, Jonathan learned early the value of education, the strength of our community, and the power of investing in the future. What type of leadership makes you thrive?
A Honda exec told Charged in February he was confident they’d receive 40,000 Prologues from the factory in Ramos Arizpe, Mexico, during calendar 2024. GM would build the car for Honda alongside the Chevy in its Ramos Arizpe plant. Honda did a deal with GM to develop its own electric SUV, the Prologue, on Blazer EV underpinnings.
We imagine you objecting: “Oh no, we’ll have to build lots more power plants!” For example, we build our hydraulic systems with pipes of ½-inch to ¾-inch diameter designed to deliver water faster than we normally need so that we can, for example, fill a swimming pool quickly. Similar processes can be followed again.
Jeremiads lamenting China’s takeover of the global autoindustry are everywhere these days. Retreating behind tariff walls or outright bans will further isolate America’s autoindustry into a Galapagos market of ridiculous trucks sold at nosebleed prices.” billion in Leapmotor last year to build vehicles for export.
General Motors ‘(GM) decision to invest $1 billion for EVs in Mexico instead of the United States is not the “EV leadership” that America needs. President Biden heaped a lot of syrupy sweet praise on the automaker for “electrifying the automotive industry” although we all know it was Tesla and not GM.
Stellantis NV may invest billions into renovating a Mexican plant to build hybrid and battery electric vehicles. Stellantis executives met with Mexican leaders including President Andres Manuel Lopez Obrador in July to talk about EVs and strengthening the company’s supply chain in Mexico. for EVs isn’t supporting the U.S.,
Florida Senator Marco Rubio said that Chinese companies are setting up manufacturing locations in Malaysia, Mexico, and Vietnam, which could help them sidestep U.S. auto sector” if our markets are flooded by Chinese vehicles. companies are coming around to the dangers presented by the country's autoindustry.
Two executives are retiring: Kiersten Robinson, common supervisor of nation cars and president of Mexico and Canada for Ford Blue, on July 1; and Jonathan Jennings, vice chairman of provide chain, as of Aug. Door’s hiring is a part of a minor government workforce shakeup introduced Tuesday through Ford.
It has now installed another one in Mexico, to cater to OEMs located in the USA since many of these are looking for alternatives to lessen their dependence on Chinese component manufacturers. Hence, we also expect the auto component industry to continue to outperform the core autoindustry growth in the coming years.”
Utilities could avoid building more dirty peaking power plants. Agassi’s Davos Insights Success with V2G would be a double win for electric utilities. Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. Instead they could buy back electricity at peak hours from vehicle drivers. SZ (1) 6753.T
After decades of trumpeting “free trade,” and watching industry after industry decamp to China, the US government has apparently decided to draw a red line in front of the autoindustry, and protectionism is back in style. it has been plain that electrification is the future of the autoindustry.
—Clean Air Task Force Take the SunZia transmission line project which was started in 2006 to send enough renewable power via transmission lines 520 miles across federal, state and private lands between New Mexico and central Arizona. These are complex, intertwined and global issues well beyond the control of either CARB or the autoindustry.”
It’s already begun its battery plant build-out in San Luis Potosi, Mexico, to support the duo as well as future versions of the cars, and eventual production of vehicles in Mexico for the U.S. How can AI be used most expertly and ethically in the building of cars? seems likely.
It's been open since 2007 and building Civics since 2008. The car was slated to be built in Mexico. The Honda Civic has been made in our Indiana Auto Plant since the facility opened in 2008 based on our longstanding approach to build products close to the customer.We autoindustry. autoindustry.
Foxconn plans to continue construction on its nearly $900 million AI plant in Mexico, undeterred by U.S. Hon Hai Precision Industry Co.–plans –plans to build the world’s largest assembly plant for servers in El Salto, Jalisco. Then it will build a new plant nearby. President Trump’s tariffs.
BYD is already a leading EV brand in Mexico and operates in about 90 markets – but tariffs have been a roadblock to breaking into the North American market, a situation that is likely to get more complicated with recently elected Donald Trump. BYD hasn’t yet commented. North America is the crown jewel for any global automaker.
On Thursday, Ontario Premier Doug Ford took to X to accuse China of poor local manufacturing practices in building its inexpensive EVs: Taking every advantage of low labour standards and dirty energy, China is flooding the market with artificially cheap electric vehicles. FTC: We use income earning auto affiliate links.
Nissan also has years of experience building batteries and electric vehicles, and gas-electric hybird powertrains that could help Honda in developing its own EVs and next generation of hybrids, he said. Nissan is among the major car companies that have adjusted their supply chains to include vehicles assembled in Mexico.
Mexico appears to have avoided Trumps tariffs for now. Sheinbaum said she and Trump had reached a series of agreements, including that the United States would work to prevent high-powered firearms from entering Mexico. booze pulled from many Canadian shelves and could cripple the autoindustry on both sides of the border.
Business leaders from all corners of the country have expressed cautious optimism about President Trumps tariff threats, but Ford CEO Jim Farley didnt mince words when he said the duties could blow a hole in the countrys autoindustry. Farleys efforts came after Trump threatened 25 percent tariffs on Canada and Mexico, two of the U.S.
United States President Donald Trumps 25% tariffs on imports from Canada and Mexico are threatening Detroits automakers, with Barclays analysts warning of a potential profit hit for Ford, GM, and Stellantis. For GM and Stellantis, over a third of their vehicles that are intended for sale in the United States are produced in Mexico and Canada.
As automakers brace for new tariffs on imports from Mexico and Canada, Fords CEO Jim Farley is warning the extra costs would be devastating. Farley said the additional tariffs, which could go into effect as soon as March 1, would be a blow a hole in the US autoindustry.
after recently delaying tariffs threatened against Mexico and Canada for a month. autoindustry stronger, bringing more production here, more innovation to the U.S., autoindustry stronger, bringing more production here, more innovation to the U.S., “President Trump has talked a lot about making our U.S.
Automotive intelligence firm S&P Global Mobility is predicting that if President Donald Trump's proposed tariffs lead to a trade war, there's a 50 percent chance that the autoindustry could enter a long period of disruption. From S&P via Freep : "Although some contend that tariffs on the autoindustry may boost U.S.
Auto-industry tariffs coming in April, may bring immediate price hikes Mexico makes many U.S.-bound bound EVs, buys few of them EV tax credit still potentially applies to models made in Mexico and Canada The threat of auto tariffs affecting models made in Mexico and Canada has not abated. manufacturing.
We look forward to working with the incoming administration on policies that help to grow and develop the US manufacturing and autoindustries, as well as EU-US trade relations, Kllenius stated. General Motors and Stellantis are at risk from tariffs on imports from Mexico and Canada.
Canada and Mexico are especially significant automotive trading partners, and Trump’s recently announced tariffs on the country could cut the industry deeper than we initially thought. autoindustry imported almost $450 billion worth of goods from the two countries in 2023. The Detroit News reported that the U.S.
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