Tesla officially announces that Gigafactory Mexico will build a next-generation electric vehicle

Tesla has officially announced that ‘Gigafactory Mexico’ will build its next-gen vehicle platform to support new models.

We’ve known it was coming for months and it was confirmed yesterday by Mexico’s President Andres Manuel Lopez Obrador, but now Tesla has made it official.

At Tesla’s Investor Day today, the automaker announced that the project, now called Gigafactory Mexico, will be built just outside Monterrey in Nuevo León.

Tesla has released the rendering of the factory above, but has not released any details about the factory other than that it will be used to produce vehicles based on the automaker’s new vehicle platform.

The timeline for the new project has also not been released, but we know that a quick regulatory process and the road to construction and production were part of the negotiation process with the government.

The automaker will try to recreate its success with Gigafactory Shanghai and Gigafactory Texas, which Tesla was able to get into production relatively quickly.

One of the reasons for choosing Monterrey is its proximity to Gigafactory Texas and Tesla’s headquarters, about a 7-hour drive from the new factory site.

Tesla has also managed to close an interesting deal that makes traveling between the locations more efficient.

As we previously reported, people crossing the border between Texas and Nuevo Leon were surprised to see not only the usual marked lanes for cars and trucks, but one marked “Tesla.”

Border Tesla-Mexico

We eventually learned that Tesla had made a deal with the state of Nuevo Leon to have its own lane at the border crossing to reduce waiting times for cargo crossing the border. At least that was the explanation of Ivan Rivas, Nuevo Leon’s economy minister.

While it’s true that Tesla has several suppliers in the state, as we reported at the time, we suspected the move might have more to do with Tesla potentially investing in a factory in the state.

Now it is confirmed with Gigafactory Mexico.

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