Durango, Solarever, LAUNCH Design Sign Cooperation Agreement

The Durango government, Grupo Solarever, and Shanghai LAUNCH Design signed a strategic cooperation agreement to establish a new-energy vehicle research and development center in Durango, Mexico, aiming at boosting this industry in the region and across the country.

Representatives from the Mexican Embassy in China, the Durango state government, and Grupo Solarever visited Shanghai LAUNCH Design Automobile Design's Tianjin office on April 28, 2024 to ink the strategic cooperation agreement.

Shaohua Wu, General Manager, LAUNCH Design in Tianjin, showcased the company's achievements and projects in recent years. Durango's Governor and Grupo Solarever's CEO, Simon Zhao, expressed keen interest in LAUNCH Design's smart chair and unmanned sweeping vehicles, highly praising LAUNCH's design and development capabilities.

Durango's Governor, Esteban Villegas, elaborated on the transportation, economic, and cultural aspects of Durango, detailing the state government's supportive plans and policies in the new energy vehicle field. Xun Wang, President, LAUNCH Design, then presented the company's development history and R&D experience over the past twenty years, focusing on LAUNCH Design's projects in Vietnam. Simon Zhao, CEO, Grupo Solarever, also outlined the group's investment plans for the next five years in Mexico and its strategic vision for new-energy vehicle R&D and manufacturing centered in Mexico, exporting to Latin America and the United States.

"The signing of this cooperation agreement will not only promote the development of the new-energy vehicle industry in Durango State but also attract Chinese automotive-related companies to invest and establish factories in Mexico, fostering the rapid development of the entire new energy vehicle industry in Mexico," said Mr. Zhao, CEO, Grupo Solarever, at the signing ceremony. "We look forward to further deepening Sino-Mexican cooperation in the new-energy industry and jointly contributing to the development of the global industry."