Mexico becomes an important base for the automotive supply chain

Mexico has become an important base for the automotive supply chain, attracting investments from several automakers, including Tesla. Tesla plans to build its fifth overseas factory in Monterrey, Mexico, with an investment of more than $5 billion and a planned production capacity of 1 million vehicles. In addition, other automakers, including General Motors, Kia Motors and BMW, have also announced investments in electric vehicles in Mexico.