BMW has unveiled plans to establish five new plants across Germany, Hungary, the United States, Mexico, and China. These facilities will manufacture the sixth generation of high-voltage batteries. This strategic localization aims to mitigate risks from unforeseen political or economic challenges, ensuring uninterrupted production.
The shift towards electric vehicles has prompted several Chinese automakers to expand their operations in Mexico. Hultek, a Mexican auto parts company, forecasts a rise in foreign direct investment from $2.3 billion to $8 billion over the next six years, driven by the growing aftermarket sector. A representative from a rubber parts company highlights that even if Chinese brands do not set up manufacturing plants, there will be considerable demand for spare parts due to their after-sales services. Currently, JAC Motor is the only company assembling vehicles in Mexico, but BYD and Chirey are also showing interest in establishing production lines.
In the aerospace sector, Querétaro has secured investments exceeding 2,946 million pesos at the Farnborough Aerospace Fair in England, resulting in over 1,650 new formal jobs. The investments include:
- Airbus: Nearly 647 million pesos for helicopter component manufacturing, creating 260 jobs.
- DIEHL Aviation: 900 million pesos for aircraft supplies and compartments, generating 500 jobs.
- Safran: Over 1,400 million pesos investment to assemble aircraft engines in Querétaro, with 650 new jobs.
- ITP Aero: Expansion leading to 200 new jobs.
These developments underscore the dynamic growth and investment opportunities in both the automotive and aerospace industries, reflecting a robust economic landscape.
