LS Cable breaks ground for bus ducts plant in Mexico

Quick Summary:

South Korea's LS Cable & System Ltd.broke ground for two factories in Mexico on August 2: one for bus ducts, or a large-scale power distribution system and the other for an electric vehicle (EV) battery components.

It will be LS Cable & System's fourth bus duct production base, following the Gumi factory in South Korea; the Wuxi factory in China; and LS Eco Energy’s plant in Ho Chi Minh City, Vietnam.

LS Cable will also produce battery components such as EV wiring harnesses at the battery components factory under construction in the industrial complex in Querétaro.

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Article Details

Category: Economy

Markets: South KoreaCanadaChinaIndiaMexicoPolandVietnam

Topics: System Battery Korea Cable South Factory Mexico Ducts Factories Components Production

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-05 @ 11:25:37 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 221 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 14 words per sentence (average)

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Copyright Owner: © Korea Economic Daily

News ID: 21924272

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