Mexico, strong-armed by the U.S., will stop incentivizing Chinese EV production
Get the Full StoryBuilding cars in Mexico is a way for Chinese automakers to avoid U.S. tariffs.Mexico s federal government, under pressure from the U.S., is keeping Chinese automakers at arm s length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with the matter said.
Share: