
Electromobility in Mexico’s new industrial policy
Mexico‘s Ministry of Economy included electromobility as part of five strategic sectors it selected in its new industrial policy. The other four sectors are: agri-food;

Mexico‘s Ministry of Economy included electromobility as part of five strategic sectors it selected in its new industrial policy. The other four sectors are: agri-food;

Mexico will increase its automotive production in the second half of 2022, predicted the federal government, in the General Economic Policy Criteria 2023. For the

The steel prices, specifically HRC in the U.S., averaged $1,262 per net ton during the first six months of 2022, down 6% from the same

Nemak posted revenue of $1,131 million in the first quarter of 2022, up 8.9% year-on-year, driven by higher aluminum prices. The foregoing overcompensated for the

Autoliv, a Swedish-American automotive safety provider, accounted for 36% of global steering wheel production, with a declining share in this indicator. According to the company
The company Tenneco, an American original equipment manufacturer of automotive components, predicts that electrification will be faster in light vehicles than in commercial ones. Also
Cleveland-Cliffs, the largest flat-rolled steel producer in North America, has redirected some of its production destined for the automotive market to the spot market. During

Hybrid, plug-in hybrid and electric vehicles collectively accounted for 11% of light vehicle sales in the United States during the fourth quarter of 2021, according

China produced 24.8 million light vehicles from January to October 2021, reaching a share of 31.2% in the total of these units manufactured worldwide. Before,

As part of the automotive industry trend in Mexico, light vehicle production decreased 0.7% year-on-year in the first 11 months of 2021, to 2,767,004 units.

Mexico‘s Ministry of Economy included electromobility as part of five strategic sectors it selected in its new industrial policy. The other four sectors are: agri-food;

Mexico will increase its automotive production in the second half of 2022, predicted the federal government, in the General Economic Policy Criteria 2023. For the

The steel prices, specifically HRC in the U.S., averaged $1,262 per net ton during the first six months of 2022, down 6% from the same

Nemak posted revenue of $1,131 million in the first quarter of 2022, up 8.9% year-on-year, driven by higher aluminum prices. The foregoing overcompensated for the

Autoliv, a Swedish-American automotive safety provider, accounted for 36% of global steering wheel production, with a declining share in this indicator. According to the company
The company Tenneco, an American original equipment manufacturer of automotive components, predicts that electrification will be faster in light vehicles than in commercial ones. Also
Cleveland-Cliffs, the largest flat-rolled steel producer in North America, has redirected some of its production destined for the automotive market to the spot market. During

Hybrid, plug-in hybrid and electric vehicles collectively accounted for 11% of light vehicle sales in the United States during the fourth quarter of 2021, according

China produced 24.8 million light vehicles from January to October 2021, reaching a share of 31.2% in the total of these units manufactured worldwide. Before,

As part of the automotive industry trend in Mexico, light vehicle production decreased 0.7% year-on-year in the first 11 months of 2021, to 2,767,004 units.