Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

US, Mexico to cooperate on semiconductors, electric vehicles

MEXICO CITY (AP) — 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 both countries said Monday

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 within and on the sidelines of the two countries’ High-Level Economic Dialogue in Mexico . . .

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