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A dozen investments announced in 2022 boost the Mexican automotive sector
Cluster Industrial | December 27, 2022 |

The year is about to end, and at Cluster Industrial, in collaboration with Directorio Automotriz, we have prepared the list of investments in the automotive industry that have left the greatest economic benefit in Mexico, as a small sample of an exceptional year for the attraction of investments.

Daniel Romo, Head of Business Intelligence of the B2B platform specialized in linking, announced that there are more than 190 investment projects that have had an impact on the sector's supply chain, and that they would reach 200 if the investments of Tesla and other of its suppliers are announced in this last week of the year.

The 10 largest investments of 2022 made by companies that supply auto parts or components (Tier 1 or 2) and assembly companies (OEMs), are indicated below and together they accumulate more than 3.7 billion dollars.

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In the first place, the German company Volkswagen in October 2022 announced the investment of 763 million dollars in Puebla where it will build a new paint warehouse that will have body baking processes and 100% electric incinerators, using energy from renewable sources. .

The second Nissan of Japan that in May 2022 shared that it will invest 700 million dollars in Aguascalientes to focus on improving its facilities, re-equipment and carrying out important developments in automation, as well as the preparation and training of employees.

In third place, the Korean firm KIA Motors plans to invest 408 million dollars in Pesquería, Nuevo León in the 2022-2024 period, of which 67 million dollars have already been executed for improvements and adjustments to its infrastructure. The investment contemplates the construction of five new industrial buildings to incorporate new lines, engines and processes.

Michelin from France and Jabil from the United States rank fourth and fifth in the amount of automotive investment. Michelin plans to invest 400 million dollars as a Tier 1 supplier in Guanajuato, León. For its part, Jabil in Chihuahua plans to invest 336 million dollars in the manufacture of printed electronic circuit boards for passenger vehicles, this being the company's fifth plant in the northern state.

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The sixth, seventh and eighth positions are occupied by Link EV from China, the German company Bosch and Continental. Link EV announced from January 2022 the investment of 265 million dollars in Puebla, while Bosch will do the same with an investment of 230.9 million dollars in Celaya. 

Continental is committed to Silao and estimates to invest 209.5 million dollars as a Tier 1 supplier, expanding its 7,500 m2 plant in the Las Colinas de Silao industrial park, including the construction of a new 12,600 m2 industrial warehouse to manufacture electronic control units (ECUs). ) for brakes and suspension systems will generate 1,500 new jobs in the next 3 years.

Finally, the last two places are for Pegatron and Wtech, with capital coming from Taiwan and South Korea, respectively. Pegatron will invest 200 million dollars to manufacture computers and electronics for electric vehicles and will generate 3,000 jobs in the state of Chihuahua in an area of 66,000 square meters. 

While WTech, invests from April 2022 about 180 million dollars (mdd) in Guadalajara, Jalisco, which will allow it to produce a thousand electric tactical vehicles in Mexico. The two production lines projected during its first stage generate up to 4,500 direct and indirect jobs.

In Solili you can consult industrial warehouses available in Mexico City and Tijuana

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