WEG plans a new electric motor factory in Santo Tirso, Portugal, investing EUR 23.5 million to build 22,600 sq m. The plant is due to start operations in Q1 2024 and create about 100 jobs, and it will absorb production from WEG's Maia site.

BorgWarner broke ground on a 17,000 m² plant in Viana do Castelo, Portugal, investing €100 million to produce electric motors, inverters and battery management systems, with production starting in Q3 2022 and about 300 jobs.

WEG's new production facility in Santo Tirso, Portugal is operating after an investment of more than €30 million. The plant is its second in Portugal.