Tesla to announce Mexico plant soon

 

1. Tesla is set to announce its plan for a new Gigafactory in Mexico soon. Elon Musk and Mexican President Andres Manuel Lopez Obrador have spoken on the phone numerous times recently to agree on the factory's location.

Q: Tesla aims to manufacture 20 million vehicles per year by 2030. Do you think a potential Gigafactory in Mexico significantly helps the company toward this goal? Let us know on Inside.com.

2. The first images of the 2024 Chevy Blazer EV have surfaced online. The production model of the EV, which will be priced between $44,995 (1LT) and $65,995 (SS), is similar to the concept.

Q: General Motors has previously stated that it aims to produce 1 million EVs by 2025. Do you think the company is getting closer to this goal? Share your thoughts on Inside.com.

3. Tesla investor Ross Gerber has pulled out of his bid to become a member of the company's board of directors. Gerber has been both an avid supporter and a critic of the company, recently making headlines after saying CEO Elon Musk's tweets were hurting Tesla's brand.

4. German startup Car.ios is set to start deliveries for its C1 electric bicycle in March. The bike has a capacity of 165 kilograms, a 20-kilogram front luggage rack, 70 newton-meters of torque, and a dual 522-watt-hour battery pack.

5. Ford has patented a system that can make a car repossess itself if the owner falls behind with their payments, driving itself to a convenient place for the bank to pick it up. The patent, filed in 2021 but presented only last week, could prove a major security risk, according to industry experts.

Q: Considering the risk, will car companies be allowed to use self-driving to repossess vehicles from customers who are late with payments? Let us know on Inside.com.

6. Stellantis has announced plans to produce new electric drive modules at three of its plants in Indiana. The company claims this $155M investment will be deployed toward vehicles offering 300 to 500 miles of range.

7. The Rivian R1T pickup beat Tesla in the 2022 ownership satisfaction ranking conducted by the J.D. Power 2023 U.S. Electric Vehicle Experience Ownership Study. Rivian scored first in the premium EV category with 794 points out of 1,000, ahead of the Tesla Model 3's 759 points.

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