Mexico To Triple EV Production In 2023
Giant amongst developing nations, Mexico stands currently as the seventh-largest automobile producer in the world . It is the fifth-largest automobile exporter . The Mexican auto industry has grown sevenfold since the 1960s and doubled its output since the 1990s, when it was granted full access to the US market. And much like the US, it’s been greatly focused on the internal combustion engine.
Of those 3½ million cars, only 2% or so were BEVs … not a sight to behold, in all fairness. Yet the tides are turning, and Mexico’s production lines are expected to triple this amount in 2023 — over 220,000 electric vehicles are expected to be produced in Mexico, as much as 7% of the yearly production.As far as the public information goes, only two additional models will be produced in Mexico this year: the Blazer EV and the Equinox EV .
The explosion is expected. However, so far this year, the numbers are still low, probably due to Ford’s planned shutdown in January to increase capacity for the Mach-E.2024 & Beyond
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