QUERETARO – A group of businessmen from the United States, China, Singapore, Taiwan, Germany and Japan see potential in Querétaro to invest more than US$5.5 billion in the expansion of production lines and the transfer of factories and plants from…
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…