Tesla Hasn't Announced an Investment in Mexico, Yet its Suppliers Keep Arriving There

Tesla Hasn't Announced an Investment in Mexico, Yet its Suppliers Keep Arriving There

Tesla has not yet announced an investment in Mexico, although rumors of its intention have been circulating for weeks. However, the company's suppliers continue to arrive there, investing in manufacturing plants, which will be a positive factor if Tesla settles in Mexico.

Noah Itech, which works with Tesla, has begun construction on its first factory in Santa Catarina, Mexico, which will house a technology development center. A Chinese company specializing in industrial process automation will invest $100 million. In addition to Tesla supplies, this company will support any other company that makes electric vehicles, according to Mexico Now.

Quanta Computer, the company that manufactures Tesla’s chips, announced in 2022 the expansion of its operations in the municipality of Garcia. Also last year, Brembo, an Italian company that makes disc brakes for Tesla's electric vehicles, announced that is investing in Nuevo León to start production there.

In addition, AGP has settled in Santa Catarina to export its high-quality glass for Tesla cars. Germany's ZG Group, which makes high-tech systems and cameras, and Vertiv, which generates data storage technology, are also based in Santa Catarina.

Other Tier 1 suppliers that could benefit from Tesla's arrival in Nuevo León are Navistar, Aptiv, an expert in electric vehicle seat belts, Yazaki, Ficosa, Nemak, Vitro, Prolamsa, and ALD.

Tesla has more than 100 suppliers across Mexico, some of which are looking to expand their footprint. It is worth bearing in mind that despite the rumor that the manufacturer is going to build a production facility there, the company has not yet made any comments or public statements on this matter.

© 2023, Eva Fox | Tesmanian. All rights reserved.


We appreciate your readership! Please share your thoughts in the comment section below. 

Article edited by @SmokeyShorts; follow him on Twitter

About the Author

Eva Fox

Eva Fox

Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.

Follow me on X

Reading next

Tesla 'to keep blowing our minds' with New Tech Despite Elon Musk's Twitter Distraction, Says Tencent
Tesla Cars Chosen by 76% of Chinese Consumers in Wedbush Survey, After Price Cuts

Tesla Accessories