# Seco Seojin to invest $300M in EV motor plant in Escobedo, Mexico

South Korea-based auto parts producer Seco Seojin Mobility will invest $300 million to build its first production plant in Escobedo, Nuevo León, Mexico, for electric vehicle motors, with first phase production expected in February 2025.

- Type: New facility
- Announced: 2024-04-02
- Where: Escobedo, Nuevo León, Mexico
- Value: $300.0M
- Starts operating: Feb 2025
- Status: announced
- Products: electric vehicle motors, clutch covers, clutch discs, flywheels, drive plates, release bearings
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Seco Seojin Mobility](https://endata.com/companies/76586.md)

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/south-korea-based-seco-seojin-to-invest-300-million-in-mexican-factory-1334818.htm), 2024-04-02: "The producer of auto parts such as clutch cover, clutch disc, facing, flywheel, drive plate, release bearing, among others, considers that the first phase of the plant in Mexico could begin production in February 2025."

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