EV motor maker EuroGroup Laminations to expand production in Mexico – ET Auto
Baua Electric
JANUARY 13, 2024
Electric motor component maker EuroGroup Laminations said on Friday it would invest 50 million euros (USD 55 million) to expand its production capacity in Mexico to serve the automotive industry. EuroGroup Laminations’ automotive total order book amounted to a record 6.4 billion euros in October last year, the company said.
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