According to the China-Mexico Chamber of Commerce, Shanghai Yongmaotai Automotive Technology Co., Ltd. (hereinafter referred to as "Yongmaotai") recently announced plans to invest approximately 450 million yuan in the construction of an intelligent manufacturing base for automotive parts in Mexico. The project will be implemented by two wholly-owned subsidiaries of Anhui Yongmaotai Automotive Parts Co., Ltd., a fully-owned subsidiary of Yongmaotai — Yongmaotai (Singapore) Co., Ltd. and Yongmaotai (Singapore) Automotive Technology Co., Ltd. Image source: Yongmaotai.
According to the plan, the company to be established in Mexico will have a registered capital of $1 million. The project is located in Coahuila, Mexico, with core products including lightweight automotive parts such as turbocharger housings. It is expected to reach an annual production scale of 25 million units upon reaching full production. The construction period for the project is two years, and it is scheduled to officially commence production in Q2 2027. Yongmaotai disclosed in its 2025 semi-annual report that the project has now been successfully launched, with approval and filing procedures simultaneously advancing in China, Singapore, and Mexico. The registration process for the Mexican subsidiary is also progressing in an orderly manner.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.