# Chinese firms to invest nearly $1 billion in Nuevo Leon, Mexico

A Chinese supplier for Tesla and a Chinese technology company will invest nearly $1 billion in the northern Mexican state of Nuevo Leon, where Tesla is planning a new factory. The investment was announced by Nuevo Leon Governor Samuel Garcia.

- Type: Investment
- Announced: 2023-10-18
- Where: Nuevo Leon, Mexico, Mexico
- Value: $1.00B
- Status: announced
- Products: automotive parts, technology
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Tesla](https://endata.com/companies/9860.md) (customer)

## Sources

- [reuters.com](https://www.reuters.com/business/autos-transportation/chinese-suppliers-invest-mexican-state-where-tesla-planning-factory-state-2023-10-18/), 2023-10-18: "A Chinese supplier for Tesla and a Chinese technology company will invest nearly a billion dollars in the northern Mexican state of Nuevo Leon where the automaker is planning a new factory, Nuevo Leon Governor Samuel Garcia said during a trip to Shanghai on Wednesday."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.