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14 Jul
15:59

POSCO International breaks ground on Mexican EV parts plant

POSCO's trading and construction subsidiary POSCO International held a groundbreaking ceremony last Wednesday marking the start of construction for its Mexico-based electric vehicle drive motor core production plant in Ramos Arizpe, Coahuila, Mexico, Kallanish learns.  POSCO International says: "In response to rising demand in the North American market, POSCO International plans to invest approximately KRW 160 billion ($120.58 million) in i…
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