News, deep dives, and analysis — every Mexico story, newest first.
Imagine ditching power windows for a sub-$20K electric pickup—sounds crazy, right? But Bezos-backed Slate Auto thinks it’s genius, especially with that $7,500 tax credit vanishing soon. Slate Auto, a Michigan-based startup backed by Amazon founder Jeff Bezos, is introducing a minimalist electric pickup truck priced under $20,000, but the impending expiration of a $7,500 federal…
Nissan Motor Co. has announced the closure of vehicle production at its Oppama plant in Japan by the end of fiscal year 2027, a strategic move tied to the company’s push for profitability amid evolving electric vehicle demands. This decision affects a facility that pioneered the mass-market EV with the Nissan Leaf in 2010. Strategic…
In Mexico, budget-conscious buyers like Uber driver Patricia Gatica are turning to affordable cars made in China, such as the $17,000 Chevy Aveo, which offers impressive fuel efficiency at 48 miles per gallon, according to Bloomberg. This trend extends to electric vehicles from brands like BYD, highlighting how Chinese imports are reshaping the market south…
China’s leading electric vehicle (EV) manufacturer, BYD Co., has paused its plans to build a major production facility in Mexico due to escalating trade tensions fueled by U.S. President Donald Trump’s aggressive tariff policies, according to a Bloomberg report. The decision reflects broader uncertainties in the global EV industry as automakers navigate shifting trade landscapes…
Ford Motor Co.’s electric vehicle (EV) sales dropped sharply by 31.4% in the second quarter of 2025, largely due to a safety-related stop-sale of its popular Mustang Mach-E. The recall, affecting over 317,000 vehicles globally, stems from a software glitch in the electronic door latches that could trap occupants inside, posing serious risks. This setback,…
On June 3, 2025, the Morning Midas caught fire and sank 20 days later, costing the EV industry an estimated $560 million. The ship carried 750 EVs
Volex, a leading cable manufacturer, reported a 25% profit increase for the year ending March 2025, driven by soaring demand for its electric vehicle (EV) chargers. Despite concerns over U.S. tariffs under President Trump, the company’s strategic global operations and strong client base, including Tesla, fueled its financial success, pushing shares to a nine-month high,…
A dramatic incident unfolded in the Pacific Ocean late Monday when the Morning Midas, a car carrier transporting electric vehicles (EVs), sank after a fire raged on its deck for weeks. The 600-foot-long vessel, which had been adrift since June 3, succumbed to heavy weather and sank approximately 400 miles off the Alaska coast. This…
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