MEXICO – With Tesla Inc’s proposal to construct a $5 billion Gigafactory in Mexico, the country is expected to become a center of electric cars production, but the majority of Mexicans cannot afford EVs, which are also unsuitable for much…
MEXICO – The Chinese automaker, Jetour, has announced its plans to establish a new assembly plant in Mexico by 2024. Jetour aims to invest nearly $3 billion to manufacture both electric and combustion cars for the local market. If established,…
COAHUILA – The Chinese company Paslin will invest 10 million dollars to set up a production plant in the Cactus Valley Industrial Park in the municipality of Ramos Arizpe, Coahuila. The new plant will create an initial workforce of 70…
This is a new suspension system that the Chinese giant will implement in its premium segment electric vehicles. MEXICO – China’s BYD launched a new chassis suspension system on Monday as the electric vehicle manufacturer intensifies its efforts to advance…
MEXICO – The US company ARRA is coming to Mexico to compete in the automotive market with two new fully electrified models, which are being assembled in a plant in China. The units will start selling at the end of…
MEXICO – BYD arrives in Mexico, the multinational high-tech company dedicated to zero-emission energy solutions, announced the arrival of its brand and launched three new fully electric models in Mexico: the flagship sedan BYD HAN EV, the flagship SUV BYD…
APODACA, NL – Forvia, the French company, has opened a new factory in Apodaca, Nuevo Leon, for producing automobile seats and interiors, creating 1,500 direct jobs. The corporation invested $147 million in constructing the factory. Since 1997, Forvia has been…
SAN LUIS POTOSI – The automaker MG Motor and SAIC, which have Chinese and British origins, will inject US$19 million in 2023 to enlarge the Parts Distribution Center located in San Luis Potosí. This expansion will result in an increase…
JALISCO – A delegation of 17 Vietnamese businessmen and officials is currently in the state of Jalisco to explore investment and commercial exchange opportunities as they express their interest in investing in Jalisco and taking advantage of the opportunities presented…
CIUDAD JUAREZ, CHIH – FIBRA Macquiaire started the construction of a new Industrial Park in Ciudad Juarez, which will consist of 10 buildings in an area of 230,000 square meters and will generate 3,500 direct jobs. In addition, the construction…