Chinese Tesla battery manufacturer explores in Mexico


Source: motorworld.app motorworld.app

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Contemporary Amperex Technology Co. Ltd. de China, the world’s largest maker of electric vehicle batteries, plans to set up at least two sites in Mexico for a production plant that could supply Tesla Inc. and Ford Motor Co. The battery maker is Ciudad Juarez, in Chihuahua state, and Saltillo, in Coahuila, according to others familiar with the deliberations. Both are near the border with Texas. La company plans to invest up to $5 billion in the project, said the other people, who asked not to be known while discussing personal information. Ciudad Juarez has a hot component because it is...