US, Mexico to align chip and lithium supply chains to amp EV production
The US and Mexico are reportedly joining forces on supply chains for electric vehicle production in a mutual aid pact.on Tuesday, leaders from both countries discussed aligning the US’s semiconductor industry with Mexico’s lithium production – both resources essential to supporting a large-scale transition to electric vehicles.
As part of the agreement, Mexico's president plans to expand its national lithium industry and make the state of Sonora a leader in lithium, electric vehicle, and solar production. Beyond lithium, Mexico is also home to several semiconductor facilities, and that too has a major input into the deal. "Major elements of the semiconductor supply chains are already well established in Mexico, with US-based companies like Intel and Skyworks conducting research, development, design and test manufacturing in parts of Mexico," US Secretary Antony Blinken said.
Whether Mexico's investments in US supply chain security entitles it to investments under the $280 billion CHIPs and Science Act remains to be seen.
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