Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Tesla’s $5 billion dollar plant in Mexico will be the largest electric vehicle plant in the world

Puerto Vallarta (PVDN) - The electric vehicle plant that Tesla plans to build in Mexico will require an investment of around $5 billion dollars, according to a federal government official, who provided the first official estimate on the cost of the project.

Vice Foreign Minister Martha Delgado said that an investment of around $5 billion was planned in Mexico for the construction of the largest electric vehicle plant in the world, and the investment comes after 14 months of work, and it won't be the last plant for Tesla in Mexico.

Delgado was en route . . .

Read Full Story

Related Posts

daily trash collection

Puerto Vallarta Must Settle 240 Million Trash Debt

Puerto Vallarta is negotiating how to pay more than 240 million pesos after ending its...
Puerto Vallarta new buses

Puerto Vallarta bus fares rise starting this April 1

Puerto Vallarta bus fares rise to 11 pesos on April 1, while students keep a...
puerto vallarta morning news

Puerto Vallarta Morning Coffee News to Start April 1

Bus fares rise, beach warnings stay up, trash pickup shifts, and cruise traffic returns as...
Park Life brings rental housing to the public market

Park Life brings rental housing to the public market

Park Life’s debut gives Mexico a public-market vehicle for rental housing, a move that could...