Tesla’s Gigafactory Mexico has been confirmed as the location for the company’s next-generation vehicle production during Investor Day 2023. Mexico’s President Andrès Manuel Lopez Obrador made the announcement about the new gigafactory location in Monterrey a day prior to the event. Elon Musk confirmed Obrador’s news during Investor Day and revealed that Gigafactory Mexico will focus on building the company’s next-gen vehicle. While it is not yet clear what specific vehicle Tesla will produce at Giga Mexico, the company has a track record of releasing vehicles one by one over time.
Tesla’s next-gen vehicle and platform
Tesla’s next-generation platform will not be used for just one vehicle, but across different segments, according to Lars Moravy, the company’s Vice President of Vehicle Engineering. It is possible that Tesla may have already teased the segment of the first new vehicle using its next-gen platform. However, Tesla is keeping details about its next-gen vehicle tightly under wraps, and the company has not officially unveiled its Model 2 or Model Q, an electric vehicle with a price point of $25,000, which has been talked about by Tesla’s executives in the past.
Tesla’s new powertrain and low-voltage system
Colin Campbell, Tesla’s VP of Powertrain Engineering, shared details about Tesla’s new powertrain during Investor Day. The new powertrain will be compatible with any battery chemistry and does not use any rare metals. Additionally, Tesla will switch from 12V to 48 low-voltage systems.
Gigafactory Mexico’s potential impact
Gigafactory Mexico will have a significant impact on the local economy and may also help Tesla reduce production costs. Mexico is a leading auto manufacturing hub, and Tesla’s decision to locate its next-gen vehicle production facility in the country will further cement its position in the region.
Tesla’s decision to build its next-generation vehicle in Gigafactory Mexico is a significant step forward for the company. The move could help Tesla reduce production costs and increase its presence in the highly competitive Mexican auto manufacturing industry. While details about the specific vehicle Tesla will produce at Giga Mexico remain undisclosed, Tesla’s track record of releasing vehicles one by one over time suggests that the company may have already teased the segment of the first new vehicle using its next-gen platform. Regardless of what Tesla ends up producing at Gigafactory Mexico, the project will have a significant impact on the local economy and may help Mexico maintain its position as a leading auto manufacturing hub.