San Luis Potosí continues to be a magnet for investments in the automotive industry, remaining the third most attractive state for investors during the period from January to September 2023, attracting a total of 1,658 million dollars. Of this amount, $872 million comes from BMW.

According to the "3Q 2023 Automotive Investment Report" of the Automotive Directory, Mexico has accumulated a record investment of 3,422.9 million dollars during the third quarter of this year, with an increase of 180.4% compared to the same period in 2022.

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In addition, 1,064.7 million dollars have been allocated to projects related to electromobility components and platforms, aiming for Mexico to become a major producer of electric vehicles.

San Luis Potosí has attracted a total of 10 investment projects in 2023, with a 70% focus on electromobility. BMW's investment in a new electric vehicle assembly line and a high-voltage battery manufacturing plant has contributed significantly to this success.

The arrival of investors linked to Tesla is also expected in the region, supported by the Governor of Nuevo León, Samuel García Sepúlveda, who has attracted investments of more than one billion dollars from Tesla suppliers on his recent tour of Asia.

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Additionally, San Luis Potosí has seen notable investments in the third quarter of 2023, such as the expansion of electric vehicle component production by BorgWarner and the expansion of pedal and bracket stamping production by the Japanese company Otscon .

As demand for industrial space increases in northeastern Mexico, San Luis Potosí is positioned as an ideal candidate to receive more investments in the last quarter of 2023 and throughout the next year. This signals a promising outlook for the region in terms of economic growth and industrial development.

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