Recently, the Governor of Nuevo León, Samuel García Sepúlveda, made an announcement about the construction of Tesla Gigafactory Mexico. According to the Governor, the factory will take around 12 to 15 months to build, which is longer than it took Tesla to build its Giga Shanghai facility in China.
So, what’s the reason behind the extended construction period? Well, it turns out that Tesla is working on a whole new production line for its upcoming $25k compact car. This economic model is expected to be sold massively, and Tesla needs a dedicated production line to meet the demand.
The Governor explained to the Mileno that the production line is currently in the workshop, working on rendering and starting the construction process. Given the large space that it will occupy, the construction of Tesla Giga Mexico's new production line is estimated to take around 12 to 15 months.
But why Mexico? Tesla plans to produce one of its next-generation vehicles in Mexico, and the Governor hopes that the Gigafactory will turn Santa Catarina into a sustainable techno hub, attracting investments from neighboring cities and states.
The compact electric vehicle that Tesla plans to produce is expected to have a competitive price tag between $25,000 to $30,000. Tesla has revealed the compact vehicle’s battery pack size and estimated production/delivery volumes in its Master Plan, Part 3 report.
Interestingly, Tesla Giga Mexico is expected to be larger than the company’s main gigafactory, Giga Texas, in the United States. The Governor also hinted that the city has been working hard to quickly process requirements for Gigafactory Mexico’s water, electricity, and gas needs.
Tesla is investing in a new production line for its $25k compact car, which will be manufactured in its upcoming Gigafactory in Mexico. The construction of the factory is expected to take longer than previous ones due to the need for a dedicated production line. However, the Governor is confident that the factory will turn Santa Catarina into a sustainable techno hub, attracting investments and creating job opportunities for the local population. Thank you for joining us today, and we’ll keep you updated on any further developments.
Armen Hareyan is the founder and the Editor in Chief of Torque News. He founded TorqueNews.com in 2010, which since then has been publishing expert news and analysis about the automotive industry. He can be reached at Torque News Twitter, Facebok, Linkedin and Youtube.
