Coverage from Automotive Logistics and Supply Chain Mexico 2022

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US regulation in support of the local production of electric vehicles in North America is good news for carmakers in Mexico, but it could be even better if the government there introduced its own incentives

Mexico is an important part of the global automotive industry, from supply of essential parts to full vehicle production. That position could well be cemented by legislature from abroad, such as the Inflation Reduction Act, which encourages localisation of production in North America for vehicles sold in the US. Toyota and Nissan are looking for similar policies designed to support local EV production with financial incentives in Mexico, as speakers indicated at this week’s Automotive Logistics and Supply Chain Mexico conference

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