Audi to invest $1 billion in electric vehicles projects in Mexico
MEXICO CITY :German carmaker Audi will make investments a thousand million euros ($1.08 billion) in electrical automobile initiatives within the Mexican enlighten of Puebla, the enlighten’s governor acknowledged on Tuesday.
The funding will lead to the creation of 500 new jobs, the Puebla authorities acknowledged in an announcement.
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Audi Mexico’s govt president Tarek Mashhour and Puebla Governor Sergio Salomon arrangement to expose the enlighten precise into a hub for electrical autos, in step with the assertion.
Audi Mexico has already begun installing the infrastructure and equipment mandatory for the manufacturing of a automobile with “e-tron” – or fully electrical – equipment, the assertion acknowledged.
Audi, which belongs to the Volkswagen neighborhood, has one plant in Mexico within the Puebla metropolis of San Jose Chiapa, the attach it presently has 5,000 staff, in step with firm information.
“Investors’ self belief in Mexico is bolstered, as there is certain guess that our country is increasing economically,” governor Salomon acknowledged by capability of his X anecdote on Tuesday.
His feedback got right here hours after Mexican President-elect Claudia Sheinbaum tried to serene investor considerations over a proposed judicial overhaul, promising the country would withhold its rule of law whereas announcing she planned to push forward with reforms.
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Audi Chief Govt Gernot Doellner acknowledged in March that the automaker was as soon as sticking to its electrical automobile technique despite facing challenges this yr.
($1 = 0.9240 euros)
Source: Reuters
