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CHN | Oct 18, 2023

Chinese suppliers to invest in Mexican state where Tesla planning factory – state officials

/ Our Today

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FILE PHOTO: The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew Childs/File Photo

MEXICO CITY (Reuters): Chinese suppliers for Tesla will invest in the northern Mexican state of Nuevo Leon where the automaker is planning to build a new factory, state officials said on Wednesday.

The planned investments include US$700 million from Ningbo Tuopu Group and US$260 million from Hesai Technology, a state official said.

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Chinese suppliers to invest in Mexican state where Tesla planning factory – state officials

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What To Read Next

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The Pinnacle appoints Joel Tate as Director of Project Management

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