Daily Archive: March 22, 2023

Why Mexico builds many US-bound EVs but buys few of them

Ford Mustang Mach-E assembly - MexicoMexico will soon build large numbers of EVs, but most will go north to the U.S. rather than being sold domestically. The reason behind it isn't a culture clash or a lack of concern for the environment. It's a matter of economics and practicality. EVs remain too expensive for most Mexicans, and lack of charging infrastructure makes them less...