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Nikkei: Nidec to build $715M e-axle plant in Mexico

Green Car Congress

The Nikkei reports that Japan-based motor maker Nidec is planning to invest an estimated ¥100 billion (US$715 million) to build an e-axle plant in Mexico. The company is currently producing e-axles in China and Europe but will start making them in North America as well ahead of an expected surge in demand. million e-axles.

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Who’s Leading the Shift Away from Internal Combustion Engine Automobiles?

Clean Fleet Report

Which countries are leading the shift from internal combustion engine automobiles to EVs? Globally, China is leading the transition to EVs in terms of sheer numbers. China has an EV sales share of 29 percent and an impressive number of publicly available fast-charging stations. In June 2024, China unveiled a $73.65

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China exported greater than 2 million automobiles in first part of 2023, BYD and Chery grew quickest

Baua Electric

Within the first part of this 12 months, China exported 2.14 million automobiles, a year-on-year building up of 75.7%, in keeping with the China Affiliation of Car Producers (CAAM). million passenger automobiles had been exported, an building up of 88.4% Extra particularly, 1.78 Extra particularly, 1.78

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Nissan feels the heat from BYD’s EV price war in China

Baua Electric

After BYD’s aggressive price cuts this year, Nissan is shutting down a factory in China as it struggles to keep up. As is the case for many legacy automakers, China is a critical sales market for Nissan. Nearly a third of Nissan’s global sales and net profits are from China. last month, with 64,233 vehicles sold in China.

Nissan 52
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China become the sector’s biggest car exporter in Q1 2023, surpassing Japan

Baua Electric

Within the first quarter of this 12 months, China surpassed Japan and Germany to transform the sector’s biggest car exporter for the primary year, exporting a complete of one.069 069 million automobiles. Additionally, from January to April this 12 months, Chinese language automobile firms exported a complete of one.37

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Nissan optic exporting extra from China as gross sales hunch

Baua Electric

Global manufacturers, together with Nissan and alternative Jap manufacturers corresponding to Mitsubishi and Toyota, are suffering in China, the place they have got trailed home competition in assembly booming call for for electrical automobiles. This will determine our survival in China,” Uchida stated. Ford Motor Co.

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Mazda and Sumitomo to establish vehicle production plant in Mexico and sales company in Brazil

Green Car Congress

Mazda Motor Corporation has signed formal agreements and begun preparations to establish a Mazda vehicle production facility in Mexico and a sales company in Brazil, in alliance with Sumitomo Corporation. It will be constructed in Salamanca city, Guanajuato state, 250 kilometers northwest of Mexico City. million units.

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