On February 25, 2024, it was confirmed by the governor of the state where it will be located that the construction of Tesla Inc.’s Gigafactory in Mexico is set to commence next week. The groundbreaking ceremony for the factory, which will be located in Santa Catarina within the Monterrey metro, is scheduled for March 3. The construction of the factory was delayed due to environmental permitting issues, but work has already begun in the area.
The governor of Nuevo León, Samuel García Sepúlveda, confirmed the new groundbreaking date and expressed his enthusiasm for the positive impact that the Tesla factory will have on the local community. He stated, “See you also from this Sunday to the other in Terralta, because we started the construction of Tesla. Tesla starts next Sunday, there will come a lot of investment, a lot of development, a lot of spillover.”
The factory will produce Tesla’s next-generation, lower-cost electric vehicle, which is expected to begin production in the second half of 2025 according to CEO Elon Musk.
The construction of the Tesla Gigafactory in Mexico is part of the company’s expansion strategy. This development comes at a time when Chinese EV maker BYD Co is also reportedly considering establishing a new production facility in Mexico to strengthen its presence in the U.S. market.
Reports from December 2023 suggested that the Gigafactory Mexico could be built in record time and is expected to manufacture Tesla’s Model Y, batteries, and the Cybertruck.
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