Fukuda plans to open a second factory in Mexico to produce electric cars

[Foton Motor plans to open a second factory in Mexico to produce electric cars] April 29, Chinese truck manufacturer BAIC Foton Motor Co., Ltd. is planning to open a second factory in Mexico to produce electric cars. and focus on exporting to the United States. Roberto Talavera, Foton's head of electric cars in Mexico, said that no decision had been made on the location of the new plant, but that serious consideration was being given to the states of Jalisco and Aguascalente, which already have several large car plants. The plant is expected to produce traditional internal combustion engine cars and electric vehicles, and plans to start production in 2025. (Bloomberg)