Querétaro, Mexico – Querétaro Governor Mauricio Kuri González has inaugurated the third Kostal Electro Mobility Mexicana (KEMM) plant in the state of Querétaro, making it the fourth in the country.
The German company, who manufactures electrical and mechatronic components for the automotive industry, invested 2.9 billion pesos in this expansion, generating 750 new jobs.
The plant will produce on-board chargers that promote innovation for the growing electric vehicle market. This launch confirms the Kostal Group’s almost 50-year trust in Querétaro, positioning it as its fourth most important business partner.
Gunnar Schneider, the Director of the Department of Economics at the German Embassy in Mexico, highlighted Querétaro’s competitive advantages, such as its qualified workforce, dual education and environmental commitment.
The Secretary of Sustainable Development, Marco Antonio Del Prete Tercero, highlighted that the 41,000 square meter plant is aligned with the state’s vision of sustainable and environmentally friendly economic growth.
It is estimated that by 2030, 50 percent of the auto parts produced in Querétaro will be for electric vehicles.
Andreas Kostal and Tino Newman, Kostal executives, expressed their confidence that this new plant will be another milestone in the successful relationship between the company and Querétaro.
This is Kostal Electro Mobility Mexicana’s third plant in the state and the fourth in Mexico.