Tesla will invest 5,000 million dollars, some 4,700 million euros, to build its largest global plant in Mexico, the Mexican Executive announced on Tuesday, anticipating news that must be confirmed from the automaker led by Elon Musk. It is expected to be done this Wednesday, when Tesla's investor day is celebrated.
The group will install its factory in Monterrey, in the north of the country, some 200 kilometers from the border with the United States, announced President Andrés Manuel López Obrador. Monterrey is one of the country's economic and industrial engines, and Mexico has potential deposits of lithium, a key material for batteries, in the state of Sonora, also to the north.
Negotiations have lasted about 14 months. "It will mean considerable investment and many, many jobs," the president said. López Obrador had been inclined to install the plant in the south of the country, since there are problems of drought and water shortages in the north, challenges that Tesla would have promised to face, such as using recycled water throughout the process. productive.
The one in Mexico will be the third Tesla factory abroad and the first in Latin America. The company already has a gigafactory in Germany, near Berlin, and another in China, in Shanghai.
Mexico is the seventh world producer of automobiles with three million vehicles manufactured in 2021, according to the Mexican Association of the Automobile Industry (AMIA). Volkswagen, Audi, General Motors, Ford, Honda, Nissan and Toyota have facilities for manufacturing vehicles or engines in the country, a signatory to the Free Trade Agreement with the United States and Canada, and a gateway to Latin America.
