Nemak gambles on pieces for electric vehicles
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Auto part manufacturer Nemak is now venturing into the business of making pieces for electric and hybrid vehicles, as the projections show that roughly 23% of the total production worldwide will be of these types of units by 2025. Nemak might supply pieces for both electric and hybrid vehicles and even structural pieces, components for hybrid transmission, as well as shells for batteries and for electric motors. This is one of the primary cornerstones to get the Corporation to achieve annual income values of US$7.4 billion.