Leoni Expands Plant to Produce EV Cable Assemblies
CUAUHTEMOC, Mexico—Leoni AG has expanded its facility here to meet growing demand for electromobility cables in the North American auto industry. A new building boosts the production area by more than 40 percent. The company plans to invest $17 million in new production equipment over the next five years.
“[Our] broad product portfolio ranging from simple single core cables to complex multi-core cables for driver assistance systems and data cables for autonomous driving is answering the needs of Tier One and Tier Two customers in North America,” says Bill Livengood, president of Leoni Cables North America. “Charging cables and high-voltage cables for electromobility applications are the latest addition to the portfolio.”