Dongwon Group Invests $80 Million in Mexicali to Establish North American Battery Hub

Published: Mar 26, 2026 17:37

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Dongwon Group has built a large-scale battery manufacturing facility in Mexicali, Baja California, Mexico.

The investment totals $80 million (approximately KRW 120 billion). On Mar. 25 (local time), the Baja California state government and the Secretariat of Economic Innovation (SEI) officially announced the successful attraction of new Korean investment, stating that Mexicali is emerging as a key hub for high value-added industries.

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