Whereas Tesla’s Investor Day did not appear to go over too effectively with some individuals, the corporate introduced that it’s going to begin constructing a brand new manufacturing facility in Mexico, which is arguably a very large deal. That is very true contemplating building might begin any day now, the plan is to construct the manufacturing facility at report velocity, and new EVs may very well be popping out of the plant in lower than a yr.
Regardless of an enormous quantity of skepticism, Tesla turned a muddy discipline in China into its most vital manufacturing facility at breakneck velocity. Giga Shanghai applies extremely environment friendly manufacturing practices to crank out Tesla Mannequin 3 and Mannequin Y automobiles for native consumption whereas additionally serving because the US EV maker’s main export hub.
Tesla’s newer manufacturing facility building efforts in Texas and Germany did not show to be as fast as these in China, however each factories are open and efficiently ramping up. Now, the plan is to start out constructing the most recent manufacturing facility close to Monterey someday this month, and Tesla might choose one other web site and begin constructing one other new manufacturing facility on the similar time, very like it did with Giga Texas and Giga Berlin.
Tesla is reportedly simply ready for remaining allow approval to get the ball rolling. As soon as building begins, the automaker goals to open the manufacturing facility in report time. It will give Tesla the potential to start out producing EVs in Mexico on its next-gen platform subsequent yr.
The corporate’s upcoming manufacturing facility will probably be situated in Nuevo Leon, which is near the border between the US and Mexico. Based on Reuters by way of autoblog, Nuevo Leon Governor Samuel Garcia lately confirmed:
“They are waiting for the final permits … once that’s done, they can start, hopefully this very month, in March.”
“I think by next year, in 2024, there will be the first autos.”
Not solely does Tesla plan to interrupt information by constructing the manufacturing facility in a matter of months and transferring to EV manufacturing in lower than a yr, but additionally to supply the most important electrical car manufacturing facility on the planet.
Mexican officers have shared that Giga Mexico will sit on an unlimited plot of land and require an funding of some $5 billion. Along with constructing EVs, the plant can also ultimately add batteries and pc chips.
Mexican President Andres Manuel Lopez Obrador’s approval of the Tesla manufacturing facility additionally opens the door for Tesla’s suppliers and different associated corporations to contemplate Mexico. Furthermore, it strikes a constructive notice for potential traders.