Bethel makes significant breakthrough in lightweight chassis business in Mexico

Bethel's lightweight chassis business in Mexico has achieved significant breakthroughs, and its main customers include the three major North American OEMs and General Motors. As the sales of these customers increase, the company's production capacity has climbed smoothly. It is expected to achieve an output value of 400 million yuan this year and achieve a certain scale of profit. Although the initial net profit rate may be lower than the domestic 15%, the profit margin in the future is very large. The company has deployed a lightweight production value of approximately 2 billion in Mexico, and its main competitors are Tuopu and Wencan. Since small and medium-sized suppliers lack the ability to deploy heavy assets overseas, the company's North American development is more certain.