Tesla’s Mexico Nearshoring Concerns Raised by Local Officials

In the coming years, a crucial task awaits us with the rise of nearshoring, where relocation becomes a significant concern. A prominent player in the electric vehicle market, Tesla has a history of drawing in suppliers, and this trend is likely to continue with the establishment of Gigafactory Mexico. It’s not just Tesla suppliers; other companies are also eyeing Nuevo León and Mexico in general for potential settlement. For instance, BYD is actively exploring sites in Nuevo León and Bajio.

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