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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 planned Mexico plant would be responsible for delivering part of the remaining 1.3 Nidec also jointly runs a plant with the Guangzhou Automobile Group. million e-axles.

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VW Mexico signs 20-year agreement for 130MW of wind energy from Mexico Power Group

Green Car Congress

Volkswagen Mexico has signed a 20-year agreement to purchase 130 megawatts (MW) of renewable energy from Mexico Power Group’s La Bufa wind farm development in Zacatecas, Mexico. Under the agreement, Volkswagen Mexico plants will save more than 45 million pesos (US$3.6 million dollars) in electricity costs per year.

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Honda to build new CVT plant in Mexico; initial capacity 350k units

Green Car Congress

Honda de Mexico, S.A. HDM) plans to construct a new transmission plant in Celaya, near the city of Guanajuato, on the same site as the new automobile plant currently under construction that will begin production of the Honda Fit in Spring 2014. million automobiles per year in the region.

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Honda starts construction of new CVT plant in Mexico

Green Car Congress

Honda de Mexico, S.A. The new plant will be located adjacent to the new automobile plant that will begin mass production early next year of the all-new 2015 Honda Fit. In addition to supporting HDM auto production, the plant will provide transmissions to Honda auto plants outside Mexico. billion for the new plants in Celaya.

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Honda to build new plant in Mexico for production of subcompact vehicles, starting in 2014

Green Car Congress

Honda de Mexico, S.A. HDM), Honda’s production and sales company in Mexico, will build an automobile plant for production of fuel-efficient subcompact vehicles for the Mexican and North American markets. The new plant in Mexico will increase Honda’s automobile production capacity in North America from the current 1.63

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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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NEO Battery Materials to partner with A&P on mass production of silicon anode materials

Green Car Congress

signed a strategic memorandum of understanding (MOU) with Automobile & PCB establishing strategic investment and cooperation between NEO and A&P to advance the Korean mass production facility of NEO’s silicon anode materials for electric vehicle (EV) lithium-ion batteries. NEO Battery Materials Ltd. NEO Battery Materials Ltd.