Snubbed by Tesla, Mexican govt pledges to create affordable electric car ...Middle East

Business Standard - Economy

Snubbed by Tesla, Mexico's new president pledged Friday to create a Mexican-made small, affordable electric car to compete with vehicles imported from China. President Claudia Sheinbaum said Teslas were too onerous, or expensive, for the Mexican market anyway. Tesla's cheapest car, the Model 3, costs about USD 30,000. Tesla CEO Elon Musk said in July the company had paused plans for a plant in Mexico, citing Donald Trump's remarks about possible auto tariffs. Sheinbaum said her government will try to bring together Mexican companies and researchers to produce a compact, cheap electric car. The idea is to use Mexican companies and Mexican researchers' ingenuity, to bring them together to asse

Hence then, the article about snubbed by tesla mexican govt pledges to create affordable electric car was published today ( Saturday 12/10/2024 - 05:33 AM ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Snubbed by Tesla, Mexican govt pledges to create affordable electric car )

Last updated : 12 October 2024 clock 05:33 AM

Also on site :

Snubbed by Tesla, Mexican govt pledges to create affordable electric car ...Middle East

China Emerges as a Relative Winner From Strait of Hormuz Crisis

La CDO di ZTE Cui Li al MWC Shanghai 2026: liberare il valore dell'IA e abbracciare l'incertezza

AI App Builder HappySeeds Turns One Creator's Idea Into a Playable Football Game -- No Dev Team

China proposes new amendments to Gold import, export regulations

Four Black women. Nine degrees. Not one steady paycheck.

Egypt, Afreximbank discuss expanding partnership to support startups

Dollar hits 13-month high as foreign investors overlook worries about Trump

China Defies US Restrictions and Builds the World’s Fastest Supercomputer

LEORON Institute strengthens Saudi Arabia’s leadership with two senior appointments

The $7 Trillion AI Boom Is Turning Into The Energy Trade of the Century

China Is Quietly Winning the Clean Energy Trade War

NASA Eyes Moon Base Powered by Solar Panels and Nuclear Reactors

Gambia: Trade Minister Says Employment Increased By 163,660 Since 2023

Eightco Holdings (NASDAQ: ORBS) dichiara un patrimonio complessivo di circa 436 milioni di dollari, tra cui OpenAI, Beast Industries, oltre 16.000 ETH e più di 283 milioni di token WLD

The AI Power Crisis Is Creating a Massive New Market for Fuel Cells