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Charged EVs | EuroGroup Laminations opens new plant in Mexico to produce stators and rotors for EV motors
Feb
EuroGroup Laminations, a producer of stators and rotors for electrical motors and mills, has opened a brand new plant in Querétaro, Mexico to provide merchandise for the EV section.
The corporate has dedicated a complete funding of some €50 million to the plant. Following the preliminary funding in 2016, the sustained development of the e-mobility market prompted the Group to broaden the power’s 21,000-square-meter footprint by an extra 10,000 sq. meters.
EuroGroup Laminations plans to double its put in manufacturing capability for the EV section. The Group now operates 13 crops around the globe—7 in Italy, 2 every in Mexico and China, one within the US and one in Tunisia. The Group’s order guide for the EV and automotive section stood at €6.4 billion as of October 2023.
“We’re proud to inaugurate the brand new Mexican plant in Queretaro and thus strengthen our manufacturing capability for the North American EV marketplace for fast development to execute orders already obtained for over 3.5 billion euros to be delivered between 2024 and 2028,” mentioned CEO Marco Arduini. “We’re engaged on the premise of a development plan that may permit us to extend manufacturing by lowering manufacturing time. We additionally proceed to put money into new processes and cutting-edge applied sciences to make sure distinctive options and the very best high quality requirements.”
Supply: EuroGroup Laminations
