ZF to build $150M inverter plant in Ciudad Juárez

ZF Group will build a new factory in Ciudad Juárez, Chihuahua, to produce next-generation inverter technology for electric vehicles, with an initial investment of $150 million and total investment exceeding $194 million. The plant is expected to open in January 2024 and create 500 jobs over four years.

“El mercado de la e-movilidad continúa ganando impulso en todos los principales mercados y ZF está invirtiendo para igualar la trayectoria de crecimiento aquí en Norteamérica.”factorautomotor.com

• 1 source
• factorautomotor.comZF invierte en Cd Juárez 194 mdd; construye nueva plantaAntonio ToledoApr 5, 2023

Summarized from public sources; check the original articles before acting on it.