Link EV Electric Vehicles plans to build an assembly plant in the central Mexican state of Puebla with an investment of approximately $265 million.
Link EV Electric Vehicles, a unit of private US energy company Citizen Resources, said Tuesday it plans to build an assembly plant in the central Mexican state of Puebla with an investment of about $265 million.
The company said in a statement that operations should begin in the second half of 2022 with four production lines with a nominal capacity of 1,200 units. It will manufacture minibuses, cargo and passenger vans as well as urban buses.
Puebla is home to one of Volkswagen AG’s largest plants worldwide, and Link said it chose the state because of its automotive industry, supply chain and skilled personnel.
LINK aims to create 400 direct and 1,250 indirect jobs over the next five years with its operations in Puebla.
Outside North America, the company has established business partners in Hong Kong and Barcelona, Spain, it said.
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