Mexico's president announces $1B Tesla Manufacturing Plant Planned For Mexico Will Probably Build SUVs.

-



The news was announced by Mexico's president ahead of confirmation by the company.

By: Alex Kierstein


"Add Mexico to the list of countries producing vehicles for the all-electric juggernaut known as Tesla". So says Mexico's president, Andres Manuel Lopez Obrador, per a report from Reuters. Obrador made the announcement ahead of any confirmation from Tesla directly, although the company's Investor Day is on March 1 and it could be officially announced then. The plant will reportedly be built near the city of Monterrey, which is southwest of southern Texas in the Mexican state of Nuevo León.

What will the factory produce? Obrador didn't reveal details other than to indicate it would bring "many, many jobs" to Mexico, Reuters reported, but added that other unnamed Mexican officials indicated it would produce a vehicle, likely an SUV. Tesla produces the Model X  and Model Y SUVs currently. Reuters' sources indicate the initial deal is valued at roughly $1 billion and could later expand to as much as 10 times that amount at some point in the future.

As Reuters notes, EVs produced in North America—including Canada and Mexico—qualify for the tax credits implemented by the Inflation Reduction Act of 2022. Tesla's Mexico plant will join its auto manufacturing facilities in California, Texas, Germany, China—as well as its gigafactories in Nevada and New York that produce components and batteries.

Comments

Post a Comment

Popular posts from this blog

FUNCTIONS OF MAJOR COMPONENTS OF AN AUTOMOBILE

-
Image
Functions of Major Components of an Automobile   Chasis and Frame The chasis is formed by the frame with the frame side members and cross members. The frame is usually made of box, tubular and channel members that are welded or riveted together. In addition to this, it comprises of the springs with the axles and wheels, the steering system and the brakes, the fuel tank, the exhaust system, the radiator, the battery and other accessories. Along with this the frame supports the body. Engine or Power Plant The engine is the power plant of the vehicle. In general, internal combustion engine with petrol or diesel fuel is used to run a vehicle. An engine may be either a two-stroke engine or a four-stroke engine. An engine consists of a cylinder, piston, valves, valve operating mechanism, carburetor (or MPFI in modern cars), fan, fuel feed pump and oil pump, etc. Besides this, an engine requires ignition system for burning fuel in the engine Clutch The purpose of the clutch is to allow th...
Read more

Scientists Develop a New Type of Artificial Skin That Can Feel Pressure.

-
Image
Scientists from University of Tokyo have developed a new material called “e-skin”. By: UEU BOT Scientists have developed a new type of artificial skin that can feel pressure, temperature, humidity, and even detect light. The new material, called “e-skin,” is made from a combination of organic and inorganic materials, and is said to be more flexible and durable than existing artificial skin. The researchers, from the University of Tokyo, say that the e-skin could be used to create robots that can interact with their environment in a more natural way. For example, it could be used to give robots a sense of touch, allowing them to detect objects and respond to changes in their environment. The e-skin is made up of two layers: an organic layer made of polymers, and an inorganic layer made of metal oxide. The two layers are connected by an array of tiny electrodes. When pressure is applied to the e-skin, the electrodes detect the pressure and send an electrical signal to a compu...
Read more

A 17-year-old engineer's magnet-free motor prototype could make electric vehicles more sustainable.

-
Image
His new prototype had 39 percent greater torque over a traditional motor. By:  Chris Young Robert Sansone with his motor. Society for Science   A young engineer called Robert Sansone won the first prize, and winnings of $75,000, at this year's Regeneron International Science and Engineering Fair (ISEF), the world's largest international high school STEM competition. As per  Smithsonian Magazine , his new invention could one day transform the electric vehicle (EV) industry. It is a synchronous reluctance motor with improved performance over previous models. Typically these types of motors are used for pumps and fans, but they aren't powerful enough for EVs. Sansone's new model improves the torque of these motors, which don't require costly and often unethically sourced rare-earth metals. A promising young engineer Sansone, who is only 17 years old, estimates he has completed approximately 60 engineering projects in his spare time. The Florida-based invent...
Read more