British Embassy Backs Up Automotive Industry

Mexico's automotive industry gears up for the future as it anticipates a shift toward software-centric electric vehicles, with the UK Embassy seeking to support these developments. Meanwhile, the government explores investment opportunities in the Interoceanic Corridor with leading automotive OEMs, aiming to attract businesses to the southern regions of the country.

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British Embassy to Promote Mexico-UK Automotive Synergies

The UK Embassy and Consulate in Mexico are hosting a commercial mission to explore Mexican market opportunities and promote UK companies. Key topics include decarbonization strategies in the automotive sector, including electrification. Attendees to their first event received legal advice on entering the Mexican market and tax requirements.

The Interoceanic Corridor Could House Automotive OEMs

Mexico's government discusses investment opportunities in the Interoceanic Corridor with major automotive OEMs like Toyota and GM. No confirmed investment plans yet. The corridor aims to connect the Gulf of Mexico with the Pacific, attracting businesses to southern Mexico. Advantages include water supply and clean energy.

Specialists Talk About the Future of Electric Vehicles

The Mexican automotive industry aims to remain a leading manufacturer by adapting to electromobility. National study programs are being adjusted to meet market needs, ensuring the country keeps up with technological advancements. In the future, electric vehicles will resemble robots with specialized software, says Verónica Orendain, an electromobility researcher. Software already accounts for 30% of car value. 

Mexico Will Need 50,000 Charging Points for Electric Cars by 2030

Sufficient charging infrastructure is crucial for the growth of electric vehicles. Nuevo Leon is attracting investments in electromobility, with Tesla setting up its first Latin American factory there. Mexico needs around 50,000 charging points by 2030, but currently only has an estimated 2,000. Government support and a regulatory framework are vital for the development of electromobility in Mexico. The country's automotive sector and talented workforce make it a promising player in the industry.

Automotive Supplier 2023: A Convergence of Industry Leaders

The Automotive Supplier 2023 event, organized by Nuevo Leon Automotive Cluster, will bring together industry leaders, governments and universities. It promotes alliances and showcases renowned automotive buyers like Yazaki and Navistar. The event will be taking place at Cintermex on June 6-7. The event coincides with America's Mobility of the Future, marking a milestone in Latin America's automotive and mobility industries. Significant investments in Nuevo Leon, including Tesla's Gigafactory and suppliers like Quanta and Forvia, highlight the region's skilled workforce and favorable business environment. These investments strengthen Nuevo Leon's automotive landscape.