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President of Mexico nationalizes lithium

Green Car Congress

The President nationalized Mexico’s lithium deposits last April, and created LitioMX (Litio Para Mexico) to mine lithium ( earlier post ). Sonora hosts virtually all Mexico’s lithium resources—8.82Mt lithium carbonate equivalent (LCE) or 1.66Mt lithium metal. What we are doing now.

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Mexico Won't Offer EV Incentives to Chinese Automakers

The Truth About Cars

Chinese automakers are expanding into Mexico, with companies like BYD opening dealerships across the country. Even so, the Mexican government isn’t rolling out the red carpet due to pressure from the United States. Mexico is no stranger to Chinese auto companies, as there are around 20 already selling vehicles in the country.

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Tesla Giga Mexico construction gets permit approval

Teslarati

Tesla Gigafactory Mexico received approval for construction in the form of federal land use permits. Mexico’s Federal Ministry of the Environment recently notified Tesla in the United States of the permit approval. Giga Mexico is expected to impact the Santa Catarina community in Nuevo León significantly.

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Tesla Giga Mexico not affected by layoffs says Sec. of Economy

Teslarati

The State Secretary of Economy of Nuevo León assured that Tesla’s global staff reduction does not affect Giga Mexico’s construction. Secretary of Economy Iván Rivas Rodríguez told Milenio that work on Tesla Gia Mexico is still proceeding, and the company’s investment in the municipality of Santa Catarina is still on the table.

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Mexico and Canada are the biggest recipients of US petroleum exports

Green Car Congress

The United States exported 1.2 mmbd of petroleum to Mexico in 2019, which was 14% of total US petroleum exports, according to the US Energy Information Administration (EIA). Total US petroleum exports have been increasing over the last 10 years, reaching an all-time high of 8.5 million barrels per day (mmbd) in 2019.

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BYD EV plant in Mexico under consideration

Teslarati

Tesla’s rival BYD is considering Mexico for its new electric vehicle (EV) plant. The Chinese automaker aims to expand its global presence and sees Mexico as an excellent place to reach its goals. BYD Mexico’s country manager, Zhou Zhou, told Nikkei Asia that Mexico is a key market with potential.

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Tesla Giga Mexico gets $153M incentive from Nuevo León

Teslarati

Tesla Gigafactory Mexico will receive $153 million worth of incentives from Nuevo León as state officials seek to temper concerns about delays in the new factory. Nuevo León’s state economic development council approved Tesla Giga Mexico’s incentives, which include the buildout of basic infrastructure like roads and water treatment.

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