Mexico Electric Vehicle Market: Potential Opportunities and Trends

Mexico Electric Vehicle Market: Potential Opportunities and Trends

The automotive industry is Mexico’s second most important economic sector; representing 19% of its manufacturing GDP. With an annual vehicle production of over 3 million light vehicles, Mexico is the world’s 7th largest exporter in this category and 6th largest exporter of heavy vehicles. Car manufacturers in Mexico are now working to move over to electric production.

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