Sungwoo Hitech investing USD 300 million to expand battery systems plant in Mexico

Sungwoo Hitech, a Korean manufacturer of batteries and hydrogen storage devices for vehicles, will invest USD 300 million to expand its plant in Mexico, according to Nuevo Leon Governor on May 19. The Governor finalized the investment with company executives while a working tour to Busan, Korea. Sungwoo Hitech was fo....

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