Mexican Exports of Electric Cars Keep the Market Stable in North America: IEA

While in 2024 the production of electric battery-powered cars (BEV) in the United States was reduced by 7 percent, Mexico compensated by doubling its production to some 220,000 units, which helped to keep production in the North American region stable. According to the latest report on the global market for electric cars, prepared by the International Energy Agency (IEA), US shipowners in Mexico were responsible for 70 percent of Mexico’s produc…