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Tesla Giga Mexico gets $153M incentive from Nuevo León

Teslarati

Tesla Gigafactory Mexico will receive $153 million worth of incentives from Nuevo León as state officials seek to temper concerns about delays in the new factory. Nuevo León’s state economic development council approved Tesla Giga Mexico’s incentives, which include the buildout of basic infrastructure like roads and water treatment.

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BMW's next-gen Neue Klasse EVs will be made in Mexico

Green Car Reports

BMW's next-generation EVs will be built in San Luis Potosí, Mexico, as well as two European production sites, the automaker confirmed in a press release Friday. That may allow these new EVs, and their related battery production facility, to qualify for U.S. tax credits and supply-chain incentives.

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GM May Produce EVs In Mexico To Compete With Tesla, Ford

InsideEVs

Mexico may have plenty of appeal for future EV production due to low costs and full access to the US federal EV tax credit.

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Kia to launch affordable EV4 electric sedan next year with an ambitious production goal

Baua Electric

Kia will launch EV4 production in early 2025, aiming to build 70,000 models a year to meet the demand for affordable EVs. With Kia reportedly planning to build the EV3 in Mexico , federal incentives like the EV tax credit could drive prices even lower. Next year, the EV3 will launch in Europe and the US.

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Fisker releases details on $29,900 Pear production in the US

Teslarati

Fisker released more details on the production of the $29,900 Pear electric vehicle (EV). The Fisker Pear will be produced in the United States and would likely benefit from the country’s EV tax incentives from the Inflation Reduction Act. It plans to build a factory in Ohio for Fisker Pear production.

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EIA: US renewable diesel capacity could more than double through 2025

Green Car Congress

US production capacity for renewable diesel could more than double from current levels by the end of 2025, based on several announcements for projects that are either under construction or could start development soon, according to the US Energy Information Administration (EIA). billion gallons per year (gal/y), at the end of 2022.

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Second Tesla center in New Mexico to open on Santa Ana Pueblo

Teslarati

In September 2021, Tesla opened its first center on Native American tribal land in New Mexico. By building on tribal land, Tesla effectively sidestepped a New Mexico law prohibiting the company from directly selling EVs and operating a service center in the state. Senator Martin Heinrich (D-N.M.)