Chinese truck maker Beiqi Foton Motor Co. is planning a second plant in Mexico to manufacture electric vehicles with an eye on U.S. exports.
The plant’s location has yet to be decided, said Roberto Talavera, director of electric vehicles at Foton in Mexico, but the states of Jalisco and Aguascalientes — already home to a number of major automotive facilities — are being carefully considered. The plant is expected to produce traditional internal combustion and electric vehicles, and be operational in 2025.