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Dürr has built a high-tech paint shop for Ford in Hermosillo, Mexico, in order to accommodate a new vehicle that Ford will be producing. The project in Hermosillo represents the largest order that Ford has given to Dürr in Mexico. The new replacement paint shop is located next to the existing stamping and assembly plant.
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
Now, the Autonomous Technology Group will extend its testing to New Mexico by building up a new testing center in Albuquerque. In 2019, Daimler Trucks North America, the North America market share leader, unveiled the first SAE Level 2 automated truck, the Freightliner Cascadia. Earlier post.).
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.
AUDI AG Board of Management and Supervisory Board of AUDI AG approved plans to build a North American plant in Mexico. It will be possible to supply customers worldwide with cars built in Mexico to Audi’s renowned standard of quality.
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. We have been building BMW cars at our US plant in Spartanburg for the past 20 years. The Americas are among the most important growth markets for the BMW Group.
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.
Secretary of the Interior Sally Jewell announced that the latest oil and gas lease sales for federal waters in the Gulf of Mexico garnered $872,143,771 million in high bids on 329 tracts covering 1,707,358 acres. billion in bid revenues. —BOEM Director Tommy P.
A new low-cost EV is primed to hit the US market. Kia plans to build its new EV3 in Mexico as it looks to take advantage of the US electric vehicle tax credit.
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.)
The US Department of the Interior reported that Western Gulf of Mexico Lease Sale 238 attracted $109,951,644 million in high bids for 81 tracts covering 433,823 acres on the US Outer Continental Shelf offshore Texas. A total of 14 offshore energy companies submitted 93 bids. The lease sale, which offered 21.6 billion in bid revenues.
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 Ford’s strategy is different—we are delivering affordable, capable electric vehicles in the heart of the retail and commercial market rather than six-figure status vehicles. billion (US $1.35
The move to the new Audi China Building, opening nearly 10 years after its predecessor, is also a significant milestone in Audi’s more than three-decade long history in China. The new Audi China Building supports Audi’s efforts to establish additional research and production capacities in the country. —Audi CEO Markus Duesmann.
Nucor Corporation is forming a 50-50 joint venture with JFE Steel Corporation of Japan to build and operate a plant in central Mexico to supply that country’s automotive market. Automotive production in Mexico is projected to increase from 3.4 million vehicles to 5.3 million by 2020. Nucor, through The David J.
This marks the first time a full-line automaker has announced plans to produce passenger EVs in Canada for the North American market. The investment allows Ford to repurpose and transform existing buildings into a state-of-the-art facility that leverages Ford of Canada’s skilled and experienced workforce. Earlier post.) Earlier post.)
The US Department of the Interior held a 39-million acre lease sale in the Gulf of Mexico. Secretary of the Interior Ken Salazar announced that the Central Gulf of Mexico oil and gas lease sale attracted $1,704,500,995 in high bids for tracts on the US outer continental shelf offshore Louisiana, Mississippi and Alabama.
Tesla Gigafactory Mexico received approval for construction in the form of federal land use permits. Mexico’s Federal Ministry of the Environment recently notified Tesla in the United States of the permit approval. Giga Mexico is expected to impact the Santa Catarina community in Nuevo León significantly.
Tesla Mexico is ramping up its hiring efforts for sales and service jobs. Tesla recently appointed Teresa Gutiérrez as the country manager in Mexico. Gutiérrez has over 20 years of professional experience in different roles, including consulting, strategic planning, innovation, and marketing.
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. percent of the South American EV market in 2021.
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.
billion in its Hermosillo (Mexico) Stamping and Assembly Plant for the production of Ford Fusion and Lincoln MKZ lineups. The midsize sedan market is significant, growing and one of the most competitive in the industry. Ford’s latest investment is in addition to $3 billion invested in Mexico during the past decade.
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.
Mazda is considering building EVs for the North American market in Mexico starting in 2028, according to a recent Automotive News report. The Japanese automaker is planning two EVs for North America, according to the report, which cited comments from Mazda CEO Masahiro Moro, who took over from Akira Marumoto last month.
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.
The Biden Administration is considering penalties for Chinese electric vehicle (EV) automakers who are moving production to Mexico. We’re not going to let China flood our market making it impossible for American auto—auto manufacturers to compete fairly. It was considering a site in Nuevo León, where Tesla plans to build Giga Mexico.
Mexico can increase the use of renewable energy in its energy mix from 4.4% Policy changes in the power market are needed to unleash Mexico’s renewable energy potential, with planning for expanded infrastructure and grid integration. If Mexico succeeds in reaching a 21% share of renewable energy, it will save US$1.6
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.
Tesla will soon announce “good news” in Mexico, where it has been rumored to be mulling locations for its next automotive production plant, Foreign Minister Marcelo Ebrard said on Tuesday. The company has been rumored to be looking for suitable land in Canada, South Korea, Indonesia, and Mexico for some time.
Luis Méndez, the sole national presidential candidate for the Mexican Chamber of the Construction Industry of Nuevo León (CMIC), talked a bit about the challenges nearshoring might bring as Tesla Gigafactory Mexico takes form. “We Tesla hopes to replicate Giga Shanghai lines in Mexico, but U.S.
As part of this strategy, Toyota will invest approximately US$1 billion to construct its newest North American manufacturing facility in the state of Guanajuato in Central Mexico to produce the Corolla. The plant will be Toyota’s 15 th in North America, its first new plant since 2011 and its largest investment in Mexico to date.
Another excerpt from biographer Walter Isaacson’s book on Elon Musk shares new details about Tesla’s next-generation vehicle platform, including plans for a different build location than the automaker previously reported. “It’s really not that exciting of a product,” Musk previously said of the mass-market EV.
This builds on its role in global advanced automatic transmissions designed in North America, Europe, and Asia. The world automotive market is going through a period of fundamental change. The electric vehicle market is no longer emerging; it is here, and production volumes will increase rapidly.
Emerson will deliver advanced automation technologies, software and products to enable BayoTech to build hundreds of hydrogen units. BayoTech’s modular SMRs produce up to 1,000 kilograms per day, enough to fill as many as 200 hydrogen fuel cell vehicles.
Following the market launch in 2025, models of the next vehicle generation will also be produced from 2026 onwards by BBA in Shenyang. The blue highlighted structures are the new project buildings. The high-voltage batteries required for this will likewise be manufactured locally. BBA is investing RMB 10 billion (US$1.4
Associated sanctions on Russia—with more than 5 million b/d in crude oil processing capacity—disrupted exports of Russia’s refined products into the global market, and will likely continue to do so as import bans in the European Union and United Kingdom come into full force. million b/d in 2022 and by an additional 1.6
Xcel Energy provides the energy that powers millions of homes and businesses across eight Western and Midwestern states: Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. These programs and offerings make up the company’s New Mexico Transportation Electrification Plan.
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. Audi said that the SUVs will primarily strengthen its position in the North American market.
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.
The plan called for the realignment of the Company’s US manufacturing operations to fully utilize available capacity to respond to a shift in market demand for trucks and SUVs, and to further expand the Jeep and Ram brands. —Sergio Marchionne, Chief Executive Officer of FCA N.V.
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.
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.
Daimler and the Renault-Nissan Alliance broke ground for their joint-venture manufacturing complex, COMPAS (Cooperation Manufacturing Plant Aguascalientes), in Aguascalientes in central Mexico, which will build next-generation premium compact vehicles for the brands Mercedes-Benz and Infiniti.
HollyFrontier Corporation, an independent petroleum refiner and marketer that produces high value light products such as gasoline, diesel fuel, jet fuel and other specialty products, plans to construct a new renewable diesel unit (RDU) at its Artesia, New Mexico refinery (Navajo Refinery).
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