Sunday, 19 January 2025

Focus on Govt of Mexico

A Chinese-made Haval H6 SUV is seen on Reforma Avenue in Mexico City (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsTradeTransport

Move over Mercedes: Chinese cars grab Mexican market share

Asian brands benefited from an exemption from import tariffs on electric vehicles.

FILE PHOTO: The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. REUTERS/Angus Mordant//File Photo
EconomyFuelNatural GasNewsOilPoliticsTrade

Trump’s proposed tariffs on Canada would drive up pump prices, analysts warn

Trump said he would impose a 25% tariff on all imports from Canada and Mexico.

FILE PHOTO: U.S. President-elect Donald Trump speaks as he meets with House Republicans on Capitol Hill in Washington, U.S., November 13, 2024. REUTERS/Brian Snyder/File Photo
BusinessEconomyNewsOilPoliticsRegulationsTrade

Trump plans no exemption for oil imports under new tariff plan, sources say

Trump's 25 per cent tariffs on Canadian and Mexican imports will include oil, despite concerns over energy price spikes.

FILE PHOTO: A woman walks by a Tesla dealership in Mexico City, Mexico, March 3, 2023. REUTERS/Quetzalli Nicte-Ha/File Photo
BusinessEconomyElectric Vehicles (EVs)News

Mexican economy chief says wants to sound out Musk on Tesla plant plans

Mexico's Economy Minister Marcelo Ebrard seeks talks with Elon Musk to revive Tesla's plans for a gigafactory in Nuevo Leon.

U.S. President Joe Biden speaks to the media before departing for Phoenix, Arizona from the South Lawn of the White House in Washington, U.S., October 24, 2024. REUTERS/Kaylee Greenlee Beal/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)LabourNewsPolitics

Mexico raises concerns about US plan to bar Chinese vehicle software, hardware

Mexico warns the U.S. that restricting Chinese tech in connected vehicles could disrupt supply chains, raise costs, and impact jobs.

FILE PHOTO: The logo of Mexico's state-run electric utility known as the Federal Electricity Commission (CFE), is seen at its office, in Mexico City, Mexico May 8, 2024. REUTERS/Henry Romero/File Photo
BusinessElectricityLegislationNewsPoliticsRegulationsTransmissionUtilities

Mexican Senate votes to give constitutional preference to state power company CFE

Mexico's Senate voted to amend the constitution, granting dispatch preferences to state-owned CFE, prioritizing its power generation over private competitors.

FILE PHOTO: The BYD EV Dolphin Mini is displayed as the Chinese electric-vehicle producer announces the launch of the low-cost EV in Mexico City, Mexico February 28, 2024. REUTERS/Toya Sarno Jordan/File Photo
BusinessElectric Vehicles (EVs)NewsTrade

Chinese electric carmaker BYD sees EV Mexico sales ramping up to 100,000 in 2025

BYD aims to sell 50,000 EVs in Mexico in 2024, 100,000 by 2025, and plans to build a factory producing 300,000 vehicles in...

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