The “nearshoring” trend, which, among other aspects, allows for the importation of products at low costs, the international electromobility agreement with Canada and the United States, together with Tesla’s announcement to build a plant, place Mexico as one of the leading countries in electric vehicles in the region in the coming years.
According to an analysis by Directorio Automotriz’s Business Intelligence Area, the boom in electric mobility in the country is on the rise, as it is expected that by the end of 2023, around 221,970 electrified cars will have been produced.
This figure represents an increase of 179% compared to the period from 2020 to 2022, when 15,730 low- or zero-emission cars were produced in Mexico.
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Manufacturers and Brands
Vehicles such as the Chevrolet Equinox EV, Ford Mustang Mach-E, Chevrolet Blazer EV and JAC E 10X, are some of the electric models that will be produced more in the country, production that could reach up to 6%, in contrast to 2.4% last year.
Some of the estimates for the commercialization of electric units that have already started to be sold as of this April are from the BYD brand, which seeks to sell 5,000 vehicles, and in another case ARRA another 2,000.
Prestigious firms such as BMW recently announced that its plant in San Luis Potosí would be the headquarters for the production of its electric vehicles. In addition to JAC Mexico, which will increase its production by 25% by 2023, and Ford, which will seek to compete against the arrival of Tesla in Mexico with its Mustang Mach-E.
Another significant case is General Motors, located in Ramos Arizpe, Coahuila, which announced that it will produce the Chevrolet Blazer EV model to be marketed now in Mexican territory.
There is also an additional aspect to highlight in the midst of the great moment Mexico is going through with electric mobility.
On the export side, the country sent electric units to the U.S. market with a value of 2,636 million dollars, making it the fourth country with the highest turnover for this concept in the U.S., competing against Japan, South Korea, Germany and Canada.
