Mexico | A new opportunity for sustainable growth for the country

Summary

There are indications that the Green New Deal is beginning to directly impact the reconversion of production and energy in the United States. There are signs that Mexico is benefiting despite not having a policy that supports this productive transformation or reconversion.

Key points

• Key points:
• The vehicle manufacturing industry in Mexico is transforming to produce hybrid and electric cars.
• It is estimated that the investments announced by Tesla and BMW would be equivalent to more than a third of the total Foreign Direct Investment in Mexico in 2022.
• There is a great opportunity to rethink Mexico's sustainable growth capabilities that drive investment and allow the expansion of the country's productive and growth potential.
• Promoting investment in sectors that transition to clean energy will be crucial to support highly productive and profitable industries with better remuneration and low informality.

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