Overview

• LUM representatives toured industrial sites in Cáceres, including La Mejostilla and Capellanías parks, as part of their evaluation for a European electric vehicle plant.
• The company aims to produce small four-seater electric vehicles and establish solar charging stations, marking its expansion beyond its Shanghai operations.
• LUM officials met with Cáceres Mayor Rafael Mateos and Extremadura Secretary-General of Economy Víctor Píriz to discuss project logistics and regional support.
• The final decision on the factory's location, which also includes Mérida as a contender, will be made by LUM's Shanghai headquarters based on these assessments.
• Extremadura continues to position itself as a hub for sustainable energy and mobility projects, leveraging its available industrial land and existing Chinese investments.