Automotive Directory revealed high-value data on investments in the mobility industry in Mexico in its Automotive Investment Report for the first half of 2023, summarizing the most important results of Foreign Direct Investment and Nearshoring in the automotive sector.

The company reported that 151 automotive investments from 17 countries have been made from January to June, generating an accumulated amount of 12,299 million dollars, which represents 108.5% compared to the same period in 2022.

Of interest: Solili Industrial Report July 2023, in just this month more than 230,000 m² of industrial construction began

At the national level, the Bajío entities were positioned as follows: San Luis Potosí was the third entity with the highest amount of accumulated investment, with 1,460.3 million dollars; followed in fourth place by Guanajuato with 872.22 million dollars; in sixth place was Querétaro with 628.4 million dollars; and Aguascalientes reached seventh place with 361.8 million dollars.

Guanajuato is the state that attracted the most electromobility projects to its territory, with 9 investments related to electrification projects; San Luis Potosí followed with 6; then Aguascalientes with 3; and finally Querétaro with 2. That is, of the 65 electromobility projects that arrived in Mexico this first semester, 20 were capitalized by the Bajío.

It should be noted that the largest investment that the Bajío has had throughout this first semester was the expansion of BMW of 872 million dollars for a new assembly line for electric vehicles and a high-voltage battery manufacturing plant in San Luis Potosi.

Also, in the second quarter of 2023, an investment of 372.6 million dollars came to the entity by the Chinese company Asiaway for Die-casting processes (HPDC) and aluminum and zinc machining for auto parts.

Check here: How does the strengthening of the peso impact industrial rental prices?

It is closely followed by two OEM investments in Guanajuato, the first by Toyota with 328 million dollars for the production and assembly of the electric hybrid Tacoma pickup for the North American market; and also that of Honda of 313 million dollars for the expansion and retooling of vehicle production.

Querétaro received 160 million dollars from Bosch Rexroth for the service of hydraulic pumps for mobile machinery and factory automation and 27 million dollars from Lever to create the Europark III Industrial Park. And Aguascalientes had an investment from Turkey of 19.85 million dollars by Mata Automotive for decorative carbon fiber components for electric and luxury cars.

In Solili you can consult industrial warehouses available in Puebla and Ciudad de México

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