REUTERS/Matthew Childs/File Photo Acquire Licensing RightsMEXICO CITY, Oct 18 (Reuters) - Two Chinese suppliers for Tesla will invest nearly a billion dollars in the northern Mexican state of Nuevo Leon where the automaker is planning a new factory, Nuevo Leon Governor Samuel Garcia said during a trip to Shanghai on Wednesday.
The planned investments include $700 million from Ningbo Tuopu Group (601689.SS) and $260 million from Hesai Technology , a Nuevo Leon representative said.
Ningbo Tuopu Group develops shock absorption products and other auto parts, while Hesai Technology makes lidar light sensors for applications like autonomous vehicles and robots.
Ningbo is expected to create some 10,000 jobs, and Hesai, up to 4,000, Nuevo Leon officials said.
Tesla has not yet begun construction in Nuevo Leon, and its timeline for starting production is unclear.
Persons:
Matthew Childs, Samuel Garcia, Tesla, Garcia, Daina Beth Solomon, Raul Cortes, Kylie Madry, Stephen Eisenhammer
Organizations:
REUTERS, MEXICO CITY, Tesla, Nuevo Leon, Ningbo Tuopu Group, Hesai Technology, Ningbo Tuopu, Hesai, Nuevo, Thomson
Locations:
London, Britain, MEXICO, Mexican, Nuevo Leon, Nuevo, Shanghai, Ningbo, Austin , Texas, U.S, Mexico, Austin