EV Mechanica

Subscribe to EV Mechanica's Current Newsletter & never miss an update!

    Close Menu
      Facebook X (Twitter) Instagram
      EVMechanicaEVMechanica
      EVMechanicaEVMechanica
      • Home
      • News
        • E-Mobility
        • EV Battery
      • Charging Stations
      • Policy
      • Research
      • Interview
      • Jobs
      • Events
      • E-Mag
      • Subscription
      Facebook YouTube LinkedIn WhatsApp
      EVMechanicaEVMechanica
      Home » LS e-Mobility First Electric Vehicle Parts Factory to be Built in Mexico

      LS e-Mobility First Electric Vehicle Parts Factory to be Built in Mexico

      Aishwarya SaxenaBy Aishwarya SaxenaJuly 19, 2022 E-Mobility 2 Mins Read
      Share
      Facebook Twitter LinkedIn WhatsApp

      South-Korean company, LS ELECTRIC’s electric vehicle parts, a subsidiary of LS e-Mobility Solutions, has decided to construct its second overseas production base in Mexico after China.

      Mexican EV FactoryThis will broaden the company’s well-established foothold in the North American electric vehicle market.

      LS ELECTRIC declared that our subsidiary LS e-Mobility Solutions recently signed an MOU to build an electric vehicle parts Mexican EV factory in Durango, Mexico, with Jeong in-ho, head of LS e-Mobility Solutions Mexico corporation and Governor José Rosa Aispuro Torres in attendance.

      An LS e-Mobility Solutions official stated, “The new factory will be located in Durango in northern Mexico, which offers an ideal location for production and logistics to target the North American market. Through the investment in Mexico and aggressive localization, LS e-Mobility Solutions is set to ramp up penetrating the North American market, where explosive growth is expected with the transition to eco-friendly mobility.”

      LS e-Mobility Solutions is on track to build a production Mexican EV factory measuring 35,000 sq. meters in Durango in 2023 and establish a mass production system for electric vehicle core components, such as the EV relays and battery disconnect unit (BDUs), beginning in 2024.

      The Mexican state of Durango has promised to support industrial facilities such as land, water, electricity, tax incentives, recruitment support, and training for hiring local personnel for Mexican EV factory in line with LS e-Mobility Solutions investment.

      LS e-Mobility Solutions envisions the Mexican EV factory with state-of-the-art facilities to serve as the base for the North American car market when it’s fully completed.

      It expects this factory to have a production capacity of 9 million EV relays and 2 million BDUs in 2030 and generate about KRW 700 billion in annual sales in North America.

      This factory, which will be the first step in expanding LS e-Mobility Solutions’ foothold in North America, is the first overseas factory to be built since the company was spun off from LS ELECTRIC in April.

      LS e-Mobility Solution currently has production bases in Cheongju in Korea and Wuxi in China.

      facilities LS e-Mobility Solutions news North America overseas factory overseas production base training
      Share. Facebook Twitter LinkedIn WhatsApp
      Aishwarya Saxena

      More article from Aishwarya Saxena

      Keep Reading

      Bihar Set to Deploy 150 Electric Buses August

      Tesla Unveils Oasis Supercharger with Solar, Off-Grid Batteries

      Heybike Galaxy series debuts with sleek, powerful e-bikes

      Leave A Reply Cancel Reply

      1 + 5 =

      E-MOBILITY

      Bihar Set to Deploy 150 Electric Buses August

      July 4, 2025

      Heybike Galaxy series debuts with sleek, powerful e-bikes

      July 4, 2025

      Mahindra launches XEV 9e Pack Two in India

      July 4, 2025

      Matter aims to sell 10,000 electric motorcycles in 2025

      July 4, 2025

      Articles

      Delhi’s Fuel Ban Flip-Flop: A Policy Failure in Motion

      Introduction: A Capital Confusion Delhi government took a U-turn on its decision to implement the…

      India’s Largest Electric Bus Procurement Signals a Green Public Transit Revolution

      The Government of India has introduced the largest electric mobility project to date the procurement…

      Delhi’s Vehicle Age Ban: A Harsh Road to Clean Air or Policy Misfire?

      The government took fairly bold action to address Delhi’s chronic air pollution crisis by implementing…

      © 2025 EVMechanica.com.
      • Home
      • About Us
      • Contact Us
      • Subscription

      Type above and press Enter to search. Press Esc to cancel.