Chinese firms to invest nearly $1 billion in northern Mexico -state officials
© Reuters. FILE PHOTO: The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew Childs/File Photo and a Chinese technology company will invest nearly a billion dollars in the northern Mexican state of Nuevo Leon where the automaker is planning a new factory, Nuevo Leon Governor Samuel Garcia said during a trip to Shanghai on Wednesday.
The planned investments include $700 million from Ningbo Tuopu Group and $260 million from Shenzhen H&T Intelligent Control Co., a Nuevo Leon representative said. Tesla announced in March it would build a large plant in the state, where it already has suppliers, in what Mexican officials described as a more than $5 billion investment.Speaking in a video filmed at Tesla's Shanghai factory, Garcia said Ningbo Tuopu Group was looking to begin production by the end of the year in Nuevo Leon.Ningbo Tuopu Group develops shock absorption products and other auto parts.
"We're very happy because everything seems to indicate that the Nuevo Leon site will be twice as big, at least, as the one in Austin," Garcia said, noting that Tesla already sources batteries, software, computers and other parts from Nuevo Leon.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.
{username} Just Now Share Follow this postUnfollow this post Save Saved. See Saved Items . This comment has already been saved in your Saved Items Author's response{commentContent} Reply 00 Report {username} Just NowAuthor's response Share Follow this postUnfollow this post Save Saved. See Saved Items .
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Ahead of top Chinese diplomat’s U.S. visit, Five Eyes officials call attention to Chinese hackingChina’s top diplomat is expected to meet with U.S. officials in Washington this week.
Leer más »
What’s in a name? Chinese candidate’s name assumed by non-Chinese rival.An ethnically Chinese candidate for local office was jolted to see her own Chinese name being used by a non-Chinese fellow candidate.
Leer más »
Pentagon outlines multiple Chinese attack plans for TaiwanChina's military is building up forces for an attack on Taiwan that could take place in the coming years as part of a campaign by President Xi Jinping for 'national rejuvenation,' according to the latest Pentagon's annual report on the Chinese military.
Leer más »
Namibia orders police to stop Chinese firm's lithium exportsNamibia's government has ordered police to stop Xinfeng Investments from transporting lithium ore inside the country and from exporting it, accusing the Chinese miner of violating the country’s ban on critical raw mineral exports. In a letter dated Oct.
Leer más »
Forced labor concerns prompt U.S. lawmakers to demand ban on seafood from two Chinese provincesSome U.S. lawmakers are demanding that seafood processed in two Chinese provinces be banned from entering the U.S. market. They also say Chinese facilities using forced labor should be banned from doing business with American companies.
Leer más »
Forced labor concerns prompt U.S. lawmakers to demand ban on seafood from two Chinese provincesSome U.S. lawmakers are demanding that seafood processed in two Chinese provinces be banned from entering the U.S. market.
Leer más »