What’s Happening: ZF Group, a global leader in technology and innovation, will invest $150 million USD in a new state-of-the-art manufacturing facility in Cd Juarez, Mexico. The facility will support the growth of the electric vehicle business within North America and increase regional manufacturing capabilities for multiple electric vehicle OEM customers.
Why It Matters: With the e-mobility market gaining momentum in all major markets, ZF is positioning itself as a leader in advanced e-mobility technologies. The next-generation inverter technology will significantly enhance e-motor performance through software and semiconductor advancements, contributing significantly to the efficiency and range of electric vehicles.
Key Points:
- ZF Group is investing $150 million USD in a new manufacturing facility in Cd Juarez, Mexico, to support the growth of the electric vehicle business within North America.
- The next-generation inverter technology will enhance e-motor performance through software and semiconductor advancements.
- The new manufacturing facility will feature high-tech equipment and processes and complement regional manufacturing capabilities for multiple electric vehicle OEM customers.
- The investment will establish ZF as a leader in advanced e-mobility technologies and provide growth and jobs in Cd Juarez.
Bottom Line: ZF Group’s investment in a new manufacturing facility in Cd Juarez, Mexico, underscores its commitment to advanced e-mobility technologies and its leadership in the dynamic electromobility market. The investment will provide growth and jobs in the region while contributing significantly to the efficiency and range of electric vehicles.
