Beiqi Foton Motor Co's Mexican factory will allow it to take advantage of the United States-Mexico-Canada Agreement car auto cars
truck manufacturer by the name of Beiqi Foton Motor Co intends to establish a second plant in Mexico and plans to export these vehicles to the United States to meet the growing demand for electric trucks.electric trucks
but also those powered by traditional internal combustion engines. The decision to establish a production base in Mexico is a calculated move by the Chinese company, as it allows them to take advantage of the United States-Mexico-Canada Agreement . Furthermore, the establishment of a factory in Mexico will help to avoid some of the lengthy supply chains by ensuring that production is placed near U.S. customers. While recently speaking with
, Foton’s director of electric vehicles in Mexico Roberto Talavera said that a site for the factory has not yet been chosen but said it will likely be in the state of Jalisco or Aguascalientes.Not only is the Chinese truckmaker looking to expand its footprint in the North American market but it is also working to become the Mexican partner for the world’s largest maker of electric vehicle
, Contemporary Amperex Technology . Reports state that Foton will provide CATL with technical support as well as repair and recycling facilities for the batteries.
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