ZF invests 194 million dollars in a new plant in Chihuahua
By Dinorah Becerril
April 3, 2023
ZF Group will build a new state-of-the-art manufacturing plant in Ciudad Juárez, Chihuahua , in which it will invest more than 194 million dollars and generate more than 500 jobs in the next four years, to serve the growth of the electric vehicle business in North America .
The German firm will expand the production capacity in Ciudad Juárez by more than 22,000 square meters , for which it will allocate, in a first phase, 150 million dollars of the total.
"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, ZF Group vice president of electrified powertrain technology .
With this investment, ZF seeks to set the pace in the dynamic electromobility market and extend its leadership in technology and innovation .
"This investment will further establish ZF as a leader in advanced e-mobility technologies and investors that significantly contribute to the efficiency and range of electric vehicles, while providing growth and jobs in Juárez," added Hawkins.
New generation inverter technology will significantly improve the performance of electric motors due to advances in software and semiconductors.
The new production facility in Mexico will feature high-tech equipment and processes, and will increase and complement regional production capacities for multiple electric vehicle manufacturing customers, while generating new jobs in Ciudad Juárez.
