(OFFICIAL) -Chinese suppliers to invest in Mexican state where Tesla planning factory - state officials


Reuters | Updated: 26-10-2023 03:36 IST | Created: 26-10-2023 03:36 IST
(OFFICIAL) -Chinese suppliers to invest in Mexican state where Tesla planning factory - state officials

A Chinese supplier for Tesla and a Chinese technology company 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 $700 million from Ningbo Tuopu Group and $260 million from Shenzhen H&T Intelligent Control Co. Ltd., a state official said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback