Kyungshin Cable invests $50M in EV battery module plant in Durango, Mexico

Kyungshin Cable de México is investing US$50 million in a new facility in Gómez Palacio, Durango, to produce battery modules for Ford electric vehicles. The project is expected to create 1,000 direct jobs, with production testing scheduled for late 2025.

“Kyungshin Cable de México, a South Korean auto parts manufacturer, is expanding its footprint in Gómez Palacio, Durango, with a US$50 million investment in a new facility focused on producing battery modules for Ford electric vehicles.”mexicobusiness.news

• 1 source
• mexicobusiness.newsKyungshin to Invest US$50 Million in Durango EV Parts PlantTeresa De Alba Jr Journalist, Industry AnalystAug 6, 2025

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