China truck manufacturer BAIC Foton Motor Co., Ltd. is planning to open a second factory to produce electric vehicles in Mexico, focusing on exporting to the US market.
According to Bloomberg News on Friday (April 28), Roberto Talavera, head of the electric vehicle department in Mexico in Mexico, said the company has not decided to decide the siteThere are several large -scale car factories, Harryeco and Aguaskatus.The new plant is expected to produce traditional internal combustion engines and electric vehicles and plans to be put into production in 2025.
BAIC Foton Motor Headquarters is located in Beijing. It is the largest commercial vehicle company in China. The company is also preparing to become the world's largest electric vehicle battery producer Ningde era in Mexico.Futian will provide technical support, maintenance and recycling batteries in the Ningde era in Mexico.
The representatives of the Ningde era will not comment on the reports.
The cooperation in Mexico marks the further deepening of the relationship between Futian Motors and Ningde Times.Last year, Foton Motors and Ningde Times announced the plan to set up a new battery rental joint venture in China.This business model is called a battery, which is the service (BAAS), allowing customers to rent the battery separately.
Futian Automobile opened the first factory in Halisco, Mexico in 2017.Travila said the company has sold electric trucks imported from China in Mexico. The new plant will produce cars for the local market and eventually export to the US market.
Travila said the company's goal was to sell 3,000 electric vehicles in Mexico by 2025.The investment amount of the factory has not been determined, but he estimates that it will exceed $ 1 billion (S $ 1.3 billion).
