The Mexican auto parts industry is poised for significant growth, driven by the global shift toward electromobility, according to Gabriel Padilla, Director of the National Auto Parts Industry (INA).
During a press conference, Padilla highlighted that sales of electric components, especially harnesses and electronic parts, are growing at an annual rate of 15–17%, showcasing the dynamism of this sector in response to the increasing adoption of electric vehicles (EVs).
Strategic Actions
Padilla outlined several strategies to enhance the sector’s technological capacity, aimed at attracting greater investment in innovation and development. Key points include:
- Projected investments of $2.7 billion in 2025, up from the $2.55 billion expected in 2024.
- Developing talent in advanced manufacturing to meet the demands of electromobility and technologies like Industry 4.0, robotics, automation, and artificial intelligence (AI).
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He emphasized that the global push for electromobility presents Mexico with a dual opportunity: to attract investments and to contribute to international climate goals by reducing pollutants.
- Vehicle Production: From January to November, Mexico produced 159,792 electric and hybrid vehicles, signaling its growing prominence in the EV market.
- Auto Parts Market: The value of Mexico’s auto parts production could reach $127.5 billion in 2025, up from $124.5 billion projected for 2024, according to INA.
Mexico remains the leading supplier of auto parts to the United States, its largest trading partner. With continued investment in electromobility and technological innovation, the Mexican auto parts industry is set to play a pivotal role in the North American EV supply chain.
Latam Mobility, a Key Synergy Player in the Region
After a successful 2024 tour, Latam Mobility consolidates itself as the most important sustainable mobility community in Latin America, by generating synergy among the actors involved to massify decarbonization.
In 2025, the Invest In Latam network will continue its impact in the region with confirmed meetings in Colombia, Brazil, Chile and Mexico.
Learn more about our events and join as an agent of change here.
