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BYD EV plant in Mexico under consideration

Teslarati

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.

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Woodside approves investment in $7.2B Trion development in deepwater Gulf of Mexico; first oil in 2028

Green Car Congress

Australia-based Woodside Energy has made a final investment decision to develop the large, high-quality Trion resource in the deepwater Gulf of Mexico. Trion is located in a water depth of 2,500 meters, approximately 180 km off the Mexican coastline and 30 km south of the Mexico/US maritime border. First oil is targeted for 2028.

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Tesla Mexico posts new job position in Nuevo León

Teslarati

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.

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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

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 2023.

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Biden administration considers penalties for Chinese EV companies in Mexico

Teslarati

The Biden Administration is considering penalties for Chinese electric vehicle (EV) automakers who are moving production to Mexico. The tariffs are estimated to affect $18 billion products from China including steel, aluminum, computer chips, and solar cells. I will do it by following international trade laws,” Biden said.

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BYD prepares to unleash its second 7,000-car carrier to fuel its global EV expansion

Baua Electric

A second car carrier is ready to embark as BYD looks to continue its dominant global expansion. BYD’s new vessel is the second of seven that will hit the seas over the next two years as China’s EV leader goes global. The Explorer No 1 was built by China International Marine Containers (CIMC) for its partner Zodiac Shipping.

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Ford to reopen Chennai plant for EV exports to spearhead its global comeback

Baua Electric

However, This time, Ford will focus on EVs as it faces a global comeback. Ford India plant will reopen to export global EVs Ford submitted a Letter of Intent (LOI) to the government of Tamil Nadu earlier this month, outlining plans to restart its Chennai plant for export. Hart explained that the plant will “serve new global markets.”

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