Mexico Will Halt Incentives to Chinese EV Makers: Reuters

Mexico’s federal government, under pressure from the US, is refusing to offer Chinese automakers incentives as low-cost public land or tax cuts for investment in EV production, Reuters reports, citing three Mexican officials.

• In a meeting in January between Mexican officials and executives of BYD, Mexico made clear they would not give incentives like those awarded to automakers in the past
  • Officials would also pause any future meetings with Chinese automakers
  • Reuters was not able to ascertain which Chinese automakers have requested meetings since
• The people tell Reuters pressure from the US is coming from the Office of the ...