Baltimore Sun

US, Mexico to cooperate on EV push, officials say

- By Maria Verza and Christophe­r Sherman

MEXICO CITY — Mexico and the United States plan to take advantage of the Biden administra­tion’s massive investment in semiconduc­tor production to push the integratio­n of their supply chains and cooperate on expanding the production of electric vehicles through Mexico’s nationaliz­ed lithium industry, officials from the two countries announced.

Both efforts seek to eat into Asia’s advantage in semiconduc­tors and batteries needed for electric vehicles and promote North American production.

They were among the main topics discussed Monday within and on the sidelines of the two countries’ High-Level Economic Dialogue in Mexico’s capital.

“Major elements of the semiconduc­tor supply chains are already well establishe­d in Mexico, with U.S.-based companies like Intel and Skyworks conducting research and developmen­t, design, assembly and test manufactur­ing in parts of Mexico,” U.S. Secretary Antony Blinken said.

Blinken and U.S. Commerce Secretary Gina Raimundo had spoken earlier in the day with Mexico President Andres Manuel Lopez Obrador about the opportunit­ies for Mexico to take advantage of recently passed U.S. legislatio­n that would provide $28 billion in incentives for semiconduc­tor production, $10 billion for new manufactur­ing of chips and $11 billion for research and developmen­t.

Lopez Obrador explained his plan to make the northern border state of Sonora a leader in lithium, electric vehicle and solar energy production, Mexico Foreign Affairs Secretary Marcelo Ebrard said.

Lithium is a key component of batteries for electric vehicles.

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