Pomega, Jebla Group Invest $400M in Mexican Battery Plant
Pomega and Jebla Group have announced a $400 million investment in a Mexican battery storage and cell manufacturing site. The initial funds will be used for distributing industrial self-consumption storage equipment and importing and selling storage systems.
The partnership aims to serve the domestic market and has export potential to North America. The project includes plans to build a battery assembly plant in 2023, with cell production expected to start between 2027 and 2029. While the exact companies involved are not specified, several major players in the battery industry could be potential investors, including Tesla, LG Energy Solution, Samsung SDI, and CATL. To confirm the latest plans and investments, it is recommended to rely on current reports and press releases.
The partnership between Pomega and Jebla Group is set to boost Mexico's battery storage and cell production. The initial investment will facilitate the distribution of industrial self-consumption storage equipment and the import and sale of storage systems. The project's timeline and potential export opportunities highlight its significance in the growing battery industry.
Read also:
- Tony Hawk's Memorabilia Auction Raises Record $1.2M for Skatepark Project
- Aquatech purchases Koch's Direct Lithium Extraction business, merging Li-ProTM DLE technology into the PEARLTM Technology Platform.
- Construction and renovation projects in Cham county granted €24.8 million focus on energy efficiency
- A power crisis prevails in the Middle East, with the Gulf region potentially offering assistance.
