Volkswagen is moving ahead with plans to build electric vehicles in Mexico. Holger Nestler, president and CEO of Volkswagen Mexico, says the automaker will provide two investment packages to advance EV production.
Volkswagen to build electric vehicles in Mexico
Speaking with Forbes Mexico, Nestler said the goal is not only to produce EVs, but to build them more sustainably.
Volkswagen will invest $750M, the first of two packages, to transform its facility in Puebla. The VW plant in Puebla is the largest auto factory in Mexico and one of the biggest within its network.
The plant currently produces models including the Jetta, Beetle, Golf, and Tiguan Long Version.
Nestler explained in the interview that Volkswagen plans to produce electric vehicles in Mexico. He added, “But first we have to start with a transformation of the industry.”
VW Mexico’s leader said the automaker is upgrading its facility to include “state-of-the-art technology.” According to Nestler, “large investments” will be made over the next one to three years to develop new electric models.
Volkswagen ID.4 production at Chattanooga, TN (Source: VW)
The second investment package, which will be revealed in early 2024, involves an electric vehicle that will be built in Mexico. Nestler said the package would include a significant amount of money without giving specifics.
Volkswagen Mexico’s president says the new model to be produced at the plant will be introduced in the next 12 to 15 months. Nestler states the EV will be built for Mexico, the US, and Canada.
ID.4 (left) quality control at Zwickau plant (Source: VW)
The news comes after Tesla confirmed it was pumping the brakes at Gigafactory Mexico amid worries over the global economy. CEO Elon Musk said in early October:
And in Mexico, we’re laying the groundwork to begin construction and doing all the long lead items, but I think we want to just get a sense for the global economy is like before we go full tilt on the Mexico factory. I am worried about the high interest rate environment that we’re in.
More recently, Gigafactory Mexico said it had all the permits needed to begin construction. It was just waiting on Tesla to give it the green light.
Electrek’s Take
It’s interesting to see Volkswagen moving ahead with plans to build EVs in Mexico despite delays in its home market.
Volkswagen halted production of electric models at two German plants last week. The halt impacts EVs including the VW ID.4, ID.7, and Audi Q4 e-tron. The automaker blamed a lack of electric motors as the cause of the production halt.
The new “made in Mexico” EV would not qualify for the IRA tax credit, but it would still cut down on shipping to North America significantly.
Volkswagen currently assembles the ID.4 electric SUV at its Chattanooga, TN facility. Production began last July. Its flagship ID.7 electric sedan will go on sale next year.
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A couple years ago, my wife started a new job as an elementary school principal. It was an exciting milestone, but it also came with a stressful commute. The school isn’t far – just a few kilometers across the city – but during rush hour, taking the bus often meant sitting in gridlock for 45 minutes. Not exactly the best way to start or end a workday.
So we got her an electric bike.
Not just any e-bike, either. She picked out a sleek little folding model called the Rayvolt Exxite XS. It’s light, stylish, easy to ride, and best of all, it doesn’t take up much space at home or at school.
But here’s the kicker: it only goes 25 km/h (15.5 mph). It doesn’t even have a throttle. You have to pedal it, you know, like a neanderthal.
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And yet… it’s faster than cars. A lot faster.
Her commute now takes about 10 minutes. Maybe 12 minutes if she catches a few red lights. She zips past long lines of idling cars, breezes down bike lanes, and parks right at the school entrance. No searching for a parking space. No waiting for late buses. No moving so slow that you can clearly see a piece of gum stuck on the road. Just hop on and go.
In raw numbers, her commute time has been cut by more than 75%. Now she’s easily traveling 3-4x faster than a car or bus.
And the only thing that changed was swapping four wheels for two – and ditching the idea that the “faster” vehicle is always the one with more horsepower and an extra few thousand kilos to lug around.
She went with something of a sleek-looking e-bike, but anyone could get the same or better performance from a simple, mass-market e-bike like a $999 Lectric XP4, all for a few months of car payments or nearly a year of bus riding. This isn’t expensive stuff. In fact, it’s cheaper, it saves time, and it’s more fun.
In cities choked with traffic, a modest Class 1 e-bike like hers can be 3–4 times faster than driving. Not because it’s a speed machine (it’s not), but because cars are stuck. Stuck behind other cars. Stuck behind buses. Stuck behind the myth that they’re the only real way to get around.
The bike’s other benefits aren’t lost on her either. She gets a bit of exercise every day to help keep her in shape. She gets fresh air. She gets to actually experience our amazing city instead of watching it go by through a window. And she arrives at school with a smile instead of a headache.
At school, she parks in a guarded area. Back home, she can easily take her bike right up to our apartment in the elevator. It’s no muss, no fuss, easy breezy beautiful e-bike girl.
So yeah, I got my wife an e-bike that’s faster than cars. It didn’t take 1,000 watts or some monster battery pack. It just took rethinking what speed really means in a city.
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The new Mercedes GLC EV will showcase a new face (Source: Mercedes-Benz)
The best-selling Mercedes-Benz SUV is going electric, and it’s bringing a new style with it. Mercedes promises the new GLC EV “redefines” the face of the luxury brand. Here’s our first look.
Mercedes previews flashy new face with the GLC EV
We will get our first look at the new electric SUV in a little over a month at the Munich Motor Show. Ahead of its official debut, Mercedes has been hyping the GLC EV up as what could be one of its most important vehicles (EV or gas) to date.
The GLC is already the best-selling Mercedes SUV globally and in the US, but the luxury automaker is promising the electric version will take it to the next level.
“Our new iconic grille is not just a new front for the GLC, it redefines the face of our brand,” according to Gorden Wagener, Mercedes’ chief design boss. Wagener says the new look is “the perfect fusion” of lasting design (and more LED lights) that will be used on upcoming vehicles.
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The new Mercedes GLC EV prototype (Source: Mercedes-Benz)
The new electric GLC will be the first to showcase the new face. Mercedes gave us a sneak peek of it on Monday, revealing the revamped grille design.
When you pass by the iconic three-point star, you know it’s a Mercedes-Benz vehicle. For over 100 years, the chrome grille has been the face of nearly every model.
Mercedes-Benz CEO Ola Källenius with the new GLC EV (Source: Mercedes-Benz)
Although it’s been updated and evolved, this is its most extreme redesign yet. The new grille is bold and wide. Again, you won’t be missing this one when it drives by.
After adopting a more “EV-look” with the closed-off grille in its first-gen electric vehicles, Mercedes is reverting to a more traditional luxury design, similar to that of Cadillac or BMW, with a chunky, wide chrome grille. An illuminated version will also be available, featuring 942 backlit dots.
The new Mercedes GLC EV will showcase a new face (Source: Mercedes-Benz)
Mercedes says the optional high-tech pixel design can even be animated to bring the electric GLC to life.” The iconic star and border of the panel are also illuminated.
The GLC EV is the first of a new family of vehicles that will feature its advanced new MB.OS supercomputer alongside the updated design.
Mercedes GLC EV prototype with EQ Technology testing in Sweden (Source: Mercedes-Benz
Mercedes is also promising an optional new MBUX HYPERSCREEN, “elevates the interior of the new GLC in a way never seen before.” We will get our first official look at the new Mercedes GLC EV on September 7 at the Munich Motor Show.
The luxury automaker says the event will mark the beginning of a new era with its largest product launch yet. In addition to the electric GLC debut, Mercedes will hold the world premiere for the new CLA EV, CLA Shooting Brake, and Concept AMG GT XX. Check back soon for more updates leading up to the event.
What do you think of the new face of Mercedes? Are you a fan? Or should the luxury brand go back to the chalkboard again? Let us know your thoughts in the comments.
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Costco’s EV Marketplace hopes to guide its members through every step of their electrification journey with helpful articles, insights, and resources. The online resource gas just hit its six-month milestone, and to celebrate, they’re rolling out fresh deals on three new Volvo EVs.
“It’s normal to have questions when you’re considering an EV,” reads Costco’s Marketplace copy. “Are EVs safe? How long will my EV last? Can EVs handle harsh weather? We’ve answered these questions and more so you can have peace of mind about living the EV life.”
That’s how it starts, and the Marketplace, true to its word, continues with informational articles about EV incentives (Money Matters), charging FAQs (All About Charging), the differences between hybrids, PHEVS, and EREVs (Hybrids and PHEVs), and Expert Perspectives on topics like autonomous driving and buying usd EVs.
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It’s pretty basic stuff, and you’d probably get a lot more nuanced and useful real-world takes on the hows and whys of fitting an EV into your everyday life by reading the comments on Electrek, but the Costco site passes the Jo Borrás Father-In-Law Test™: it’s easy, accessible, and does everything it can to avoid taking any sort of environmental or political stand.
And, best of all, it neatly organizes all the different GM EVs eligible for Costco member discounts. And, now through September, that list includes a (returning) trio of all-electric Volvo models: the EX90, EX40, and Electrek EV of the year for 2024, the Volvo EX30.
Check out the deals, below, and click on the Make/Model names to find more discounts and deals on new EVs in inventory near you.
Costco members only Volvo deals
Volvo EX30, via Volvo.
Volvo EX90 $ 1,500 incentive for Gold Star & Business members $ 2,000 incentive for Executive members
Volvo EX40 $ 1,000 incentive for Gold Star & Business members $ 1,250 incentive for Executive members
Volvo EX30 $ 1,000 incentive for Gold Star & Business members $ 1,250 incentive for Executive members
Costco members only GM deals
2024 Chevy Blazer EV RS, via GM.
Chevrolet Blazer EV $ 1,000 incentive for Gold Star & Business members $ 1,250 incentive for Executive members
Chevrolet Equinox EV $ 1,000 incentive for Gold Star & Business members $ 1,250 incentive for Executive members
Chevrolet Silverado EV $ 1,000 incentive for Gold Star & Business members $ 1,250 incentive for Executive members
GMC Sierra EV $ 1,000 incentive for Gold Star & Business members $ 1,250 incentive for Executive members
GMC Hummer EV $ 1,000 incentive for Gold Star & Business members $ 1,250 incentive for Executive members
Cadillac OPTIQ $ 1,000 incentive for Gold Star & Business members $ 1,250 incentive for Executive members
Cadillac VISTIQ $ 1,000 incentive for Gold Star & Business members $ 1,250 incentive for Executive members
Cadillac ESCALADE IQ $ 1,000 incentive for Gold Star & Business members $ 1,250 incentive for Executive members
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