Grupo ZF announced that it will install a manufacturing plant for advanced technologies for electric vehicles in Ciudad Juárez, which will also generate new jobs on this border.
The planned investment is 150 million dollars in a first phase, which will support the growth of the electric vehicle business in North America, it was reported through a press release.
Of high technology
The new production plant in Mexico will have high-tech equipment and processes, and will increase and complement regional production capacities for multiple electric vehicle manufacturing clients, it said.
“The e-mobility market continues to gain momentum in all major markets and ZF is investing to match the growth trajectory here in North America,” said John Hawkins, vice president of ZF Group Electrified Powertrain Technology.
For his part, Oscar Ibáñez, representative of Governor Maru Campos Galván in the North Zone, thanked the company for trusting in Chihuahua and reiterated the commitment of the State Government to generate better conditions for the productive sector and the development of talent in the state, being key factors for the industrial growth of the entity.
“Thank you for choosing our state as the home of your second E-mobility facility across the country. To all of you: you will not regret it. We Chihuahuans have repeatedly demonstrated our talent and ability, and we will continue to put the name of our state very high,” the state official pointed out.
Who are they?
ZF is a global technology company that supplies systems for passenger cars, commercial vehicles and industrial technology, enabling the next generation of mobility, the statement said.
“ZF allows vehicles to see, think and act. In four technological domains of vehicle motion control, integrated safety, automated driving and electric mobility, ZF offers comprehensive product and software solutions for established vehicle manufacturers and new transport and mobility service providers.
With its products, the company contributes to reducing emissions, protecting the environment and improving safe mobility, it said.
With some 165,000 employees worldwide, ZF recorded sales of 43.8 billion euros in fiscal year 2022. The company has 168 production sites in 32 countries.
