Xiangxin Technology and Kaizhong Shares increase investment in Mexico
Xiangxin Technology
Tesla
part
invest
increase
manufacture
Kaizhong Shares
Mexico
Share
Technology
supplier
Shares
base
2024-12-23 20:05
57
In April, Xiangxin Technology, a manufacturer of automotive precision structural parts, and Kaizhong Shares, an auto parts manufacturer, announced that they would increase their investments in their production bases in Mexico by $10 million and $3 million, respectively. The two companies are direct and indirect suppliers to Tesla, respectively.
