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…
COAHUILA – Nova Steel de México, a Canadian manufacturer of steel components for industry, launched its third factory in Coahuila state, situated in the Santa María Industrial Park. The new plant required a $37 million investment and has generated 80…
MEXICO – Although Elon Musk, founder and CEO of Tesla (NASDAQ:TSLA), is interested in setting up battery factories for electric vehicles in Mexico, the federal government will not provide him with subsidies like the US administration does. During his morning…
MEXICO – The GOVERNOR of the STATE OF MEXICO, Alfredo Del Mazo, together with Corporación Inmobiliaria Vesta, a company specialized in logistics, manufacturing, and e-commerce developments, have announced two new projects in the municipalities of Cuautitlan Izcalli and Toluca, which…
QUERETARO, QRO – As a result of nearshoring, 20 Dutch companies have chosen to exit China and invest in Queretaro, as disclosed by Steven Büter, the General Manager of the Business Office of the Embassy of the Netherlands in Mexico….