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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 plans to be capable of building an annual 7 million e-axles by March 2026. The planned Mexico plant would be responsible for delivering part of the remaining 1.3
The BMW Group is investing €800 million in Plant San Luis Potosí in Mexico for integration of fully-electric models of NEUE KLASSE and construction of local high-voltage battery assembly. In Mexico, we are investing 800 million euros in our plant and creating around 1,000 new jobs. The new assembly center spans an area of 85,000 m 2.
The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6
The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). Vincent and the Grenadines, Taiwan, Thailand, Uganda, the United States, and Yemen.
Honda de Mexico, S.A. The new transmission plant, Honda’s third in North America, will produce continuously variable transmissions (CVTs) for automobiles built in Mexico, where further market growth is expected, as well as for other Honda auto plants in North America and globally.
The BMW Group will invest $1 billion to build a new plant in Mexico in close proximity to the city of San Luis Potosí in the state of the same name. This move is in line with the company’s clear strategic policy of ensuring globally-balanced growth. Production is planned to start in 2019. billion locally last year.
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. Honda will invest approximately US$800 million to build the plant, which is scheduled to begin operation in 2014.
bp has successfully started oil production at its Argos offshore platform, strengthening bp’s position as a leading producer in the deepwater US Gulf of Mexico. bp now operates five production platforms in the deepwater Gulf of Mexico: Argos, Atlantis, Mad Dog, Na Kika and Thunder Horse. Earlier post.)
billion in a new small car plant in Mexico, building a new manufacturing site in San Luis Potosi State. This investment comes during Ford’s 91 st year in Mexico, including manufacturing vehicles since 1925. Mexico is Ford’s fourth-largest vehicle manufacturing site for global customers—behind the US, China and Germany.
Ford Motor Company announced that its Kansas City Assembly Plant will build the all-new E-Transit van, part of a more than $3.2 Electric vehicles are a key part of Ford’s commitment meet the requirements of the Paris Accord and achieve carbon neutrality globally by 2050. billion global investment in electrification through 2022.
billion investment in global electric vehicles, Ford is expanding its BEV manufacturing footprint to its Flat Rock Assembly plant in southeast Michigan. These vehicles will follow the all-electric performance SUV coming in 2020 from Ford’s Cuautitlan, Mexico, plant. —Joe Hinrichs, Ford’s president, Global Operations.
Global industrial software and technology leader Emerson announced a multi-year strategic framework agreement with BayoTech, a developer of modular steam methane reformers (SMRs) and other hydrogen solutions, to accelerate the delivery of hydrogen around the world.
It is rapidly expanding energy use, mainly driven by fossil fuels, that explains why humanity is on the verge of breaching planetary sustainability boundaries through global warming, biodiversity loss, and disturbance of the nitrogen-cycle balance and other measures of the sustainability of the earth’s ecosystem.
Tesla has named Teresa Gutièrrez Smith as the Country Manager for its EV offensive in Mexico as its new Gigafactory in Nuevo Leòn is moving closer to starting construction. Mexico is a region that builds EVs, but very few people in the country drive them, as most units are exported to other countries.
The investment covers three projects: a new engine plant in Chihuahua; expansion of Ford’s I-4 and diesel engine lines in Chihuahua; and a new transmission plant—Ford’s first in Mexico—in Guanajuato. As a result of these investments, the Ford Engine Plant in Chihuahua will become the biggest engine plant in Mexico.
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 auto industry in Mexico.
reported reducing CO2 emissions from global corporate activities in fiscal year 2013 while increasing vehicle production by 5.1%. For example, in Mexico, Nissan is using wind turbines to help run its Aguascalientes plant. Nissan Motor Co.,
Tesla could announce its intentions to build a new Gigafactory in Mexico as soon as Friday, Mexican media reports on Monday morning said. Last week, it was revealed that Tesla was considering Nuevo Leon, Mexico , for its next electric vehicle manufacturing location. Data from Statista shows that Tesla only held 3.3
Ford detailed seven of the 13 new global electrified vehicles it plans to introduce in the next five years, including hybrid versions of the iconic F-150 pickup and Mustang in the US, a plug-in hybrid (PHEV) Transit Custom van in Europe and a fully electric SUV with an expected range of at least 300 miles (483 km) for customers globally.
The site will also be well connected to BASF’s global metal sourcing network with provision for a nickel and cobalt intermediates base metal refinery and recycling of all battery metals (including lithium). We look forward to supporting the e-mobility transition in the United States, Canada, Mexico and beyond. Earlier post.).
As one of the outcomes of the “Three Amigos” meeting in Ottawa, Canada Prime Minister Justin Trudeau, US President Barack Obama, and Mexico President Enrique Peña Nieto committed to an “ambitious and enduring” North American Climate, Clean Energy, and Environment Partnership. 50% clean power target.
Booming global EV automaker Build Your Dreams (BYD) has hit a snag with the Chinese government, which has delayed the green light to build a new plant in Mexico amid fears that proprietary technology in the southern part of North America could more easily make its way into the United States more
Shell and its affiliates will build two additional small-scale natural gas liquefaction units to provide liquefied natural gas (LNG) fuel for marine and heavy-duty on-road customers in North America. These vessels will be used to support Shell’s operations in the US Gulf of Mexico. Image courtesy of Harvey Gulf International Marine.
Mexico-based global construction materials company CEMEX is partnering with integrated chemicals and energy company Sasol ecoFT and renewable energy company ENERTRAG to combine CO 2 with hydrogen to produce sustainable aviation fuel. ENERTRAG is a renewable-energy company based in Brandenburg, Germany.
ASA, which is responsible for all fuel management and airplane refueling operations in Mexico, together with Boeing made the announcement last week on the eve of the annual ALTA Aviation Leaders Forum, a gathering of more than 400 senior airline and aviation industry executives. Earlier post.)
Toyota is embarking on a multi-year plan to realign its manufacturing operations in North America in support of the Toyota New Global Architecture (TNGA) ( earlier post ), a comprehensive approach to achieving sustainable growth by making ever-better vehicles more efficiently. GTMC), in China (one of Toyota’s three assembly plants in China).
BYD signed a deal to build a massive $1 billion EV plant in Turkey on Monday. The news comes after BYD opened its first factory in Thailand, with others planned in Brazil and Mexico as it expands in overseas markets.
Governor Samuel García wants Nuevo León to become a global EV powerhouse as Hyundai looks to follow Tesla by setting up EV manufacturing in the Mexican state. The post “Electromobility hub:” Kia joins Tesla to build EV factory in Mexico appeared first on The Driven.
A pre-prototype seabed polymetallic nodule ( earlier post ) collector being tested on the Pacific Ocean floor by Global Sea Mineral Resources ( GSR ) has become detached from its lifting cable on its final dive and is sitting on the ocean bed 4.5 The CCZ is a six million square kilometer region of the Pacific Ocean between Mexico and Hawaii.
Tesla is aiming to start construction on its new factory in Mexico later this month as it is already awaiting final permits and could start building its first vehicles at the plant as soon as early 2024, officials said. I think by next year, in 2024, there will be the first autos.” I’d love to hear from you!
Audi has begun construction on a more than €900-million plant, comprising a press shop, body shop and assembly line in San José Chiapa, Mexico—the company’s first plant in North America. Starting in mid-2016, the plant will produce the successor generation of the successful Audi Q5 SUV.
Tesla Mexico posted a new job position in San Pedro Garza Garcia, Nuevo León. The Texas-based company is looking for an Indirect Procurement Manager for Gigafactory Mexico, hinting at continued progress for the facility. Nevertheless, Tesla’s permits for Giga Mexico have been progressing quickly.
Mercedes-Benz is realigning its global passenger cars manufacturing activities and is strengthening its German passenger cars locations with investments worth billions of euros. “ The new manufacturing organization Mercedes-Benz Operations (MO) is based on global production networks and centralized responsibility for logistics and quality.
This was agreed by: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey,the United Kingdom, the United States, and the European Union, as well as Ethiopia, Spain, Senegal, Brunei, Kazakhstan, and Singapore.
FCA will invest more than $1 billion to modernize the Warren Truck Assembly Plant (Michigan) to produce the next-generation Ram Heavy Duty truck, which will relocate from its current production location in Saltillo, Mexico, in 2020. billion in the Sterling Heights Assembly Plant (Michigan) to build the next-generation Ram 1500 truck.
This will be the first time the company has produced a model for the global market at a location outside of the European continent. Audi will produce the new generation of the Audi Q5 for the world market in San José Chiapa in Mexico’s federal state of Puebla. Mexico is a powerhouse for automobiles and automotive components.
During the two-year collaboration, this agreement also foresees the possibility for Audi to acquire shares of Global Bioenergies corresponding to less than 2% of its capital. Global Bioenergies has engineered an initial series of bacterial strains that can produce light olefins via the fermentation of sugars. Earlier post.)
Tesla’s rival BYD is considering Mexico for its new electric vehicle (EV) plant. The Chinese automaker aims to expand its global presence and sees Mexico as an excellent place to reach its goals. BYD Mexico’s country manager, Zhou Zhou, told Nikkei Asia that Mexico is a key market with potential.
Global light vehicle assembly will reach 81.8 Consumer demands and regulatory requirements are motivating the global automotive industry to push ahead with technological breakthroughs on a larger scale ,” said Rick Hanna, PwC’s global automotive leader. Global automotive industry regional highlights include: North America.
With the $1 billion investment, FCA US will retool and modernize the Warren Truck Assembly Plant (Michigan) to produce the all-new Jeep Wagoneer and Grand Wagoneer, and the south plant of the Toledo Assembly Complex (Ohio) to build an all-new Jeep pickup truck. These actions are planned to be completed by 2020.
The Biden Administration is considering penalties for Chinese electric vehicle (EV) automakers who are moving production to Mexico. White House to hike tariffs on Chinese EVs to fend off cheap imports The White House is thinking of adding penalties to the tariff if Chinese EV makers move production to Mexico to circumvent new import taxes.
BYD is closing in on a deal to build a massive $1 billion EV plant in Turkey. The news comes after BYD opened its first factory in Thailand, with others planned in Brazil and Mexico as it expands in overseas markets.
It also demonstrates the resilience of our strategy which is focused on building on incumbent positions in the world’s most prolific hydrocarbon basins while relentlessly focusing on value over volume. BP discovered the Mad Dog field in 1998—one of BP’s largest discoveries in the Gulf of Mexico to date.
Tesla Gigafactory Mexico is still happening, assured the Nuevo León government. The local government vowed to provide funding for Tesla’s Giga Mexico construction after Tesla executives showed some uncertainties about its plans in the country. “No, we’re definitely making the factory in Mexico.
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