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New Electric Vehicle Plant to Create Hundreds of Jobs in Santa Teresa

KVIA••Yvonne Suarez
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A significant new manufacturing facility is set to be established in Santa Teresa, New Mexico, by GreenPower Motor Company Inc., which is expected to generate 340 jobs and contribute approximately $200 million to the local economy. The agreement, announced recently, involves collaboration with the Santa Teresa Foreign Trade Zone and the State of New Mexico. To support this initiative, the state will provide around $14.6 million in incentives, including job training funds and tax credits aimed at fostering economic growth and job creation in the region. This development is part of a broader effort to enhance zero-emission transportation in the area.

Key Details: • 340 new jobs expected to be created • $200 million economic impact anticipated • State of New Mexico to provide $14.6 million in incentives • Facility will focus on electric heavy-duty vehicle manufacturing • Collaboration with local stakeholders and government leaders

economic-development jobs manufacturing santa-teresa greenpower

People & Organizations

New MexicoSanta TeresaFraiser AtkinsonGreenPower Motor Company Inc.Santa Teresa Foreign Trade ZoneState of New Mexico

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