Spanish company Endurance Motive will open Mexico's first lithium battery factory in Puebla, as Mexico continues to capitalize on the booming electric vehicle industry.
Who makes LTH batteries in Mexico?
LTH is a well-known battery manufacturer in Mexico that is part of Johnson Controls (now Clarios), which is owned by Grupo Industrial Bamer. LTH is one of the world's leading manufacturers of energy storage technology from Latin America, has production facilities in Mexico, and also known as one of the top 10 battery manufacturers in Mexico.
Is there a demand for lithium batteries in Mexico?
Puebla's Volkswagen manufacturing plant, which has been in operation for over 55 years. (Volkswagen México) Endurance Motive has also met with other potential customers, including the Mexican Association of the Photovoltaic Industry, which confirmed that there is increasing demand for lithium batteries in Mexico.
Who makes the best batteries in Mexico?
This manufacturer also produces batteries for consumer electronics and energy storage devices. Panasonic has grown to become one of the largest battery manufacturers in the world and is among the top 10 battery manufacturers in Mexico.
Does Mexico have a battery industry?
Mexico's battery industry continues to grow rapidly, with leading manufacturers providing energy storage solutions for a variety of sectors, including automotive, industrial, and renewable energy sectors in Mexico.
When will a new battery plant be built in Mexico?
The plant will primarily supply the micro-electromobility sector. The amount of the investment has not been announced. The Spanish company will plan to produce its first batteries in Mexico in February or March of next year. (Endurance Motive)
How much lithium does Sonora have?
Sonora hosts virtually all Mexico's lithium resources—8.82Mt lithium carbonate equivalent (LCE) or 1.66Mt lithium metal. What we are doing now. The BMW Group is investing €800 million in Plant San Luis Potosí in Mexico for integration of fully-electric models of NEUE KLASSE and construction of local high-voltage battery assembly.