US invites Mexico to join semiconductor production effort
A high-level United States delegation invited Mexico to participate in a push to shift semiconductor production from Asia to North America and expand production of electric vehicles
MEXICO CITY (AP) — A high-level United States delegation on Monday invited Mexico to participate in a push to shift semiconductor production from Asia to North America and expand production of electric vehicles.
Mexico Foreign Affairs Secretary Marcelo Ebrard said U.S. Secretary of State Antony Blinken spoke to President Andrés Manuel López Obrador about recently passed legislation that would provide $28 billion in incentives for semiconductor production, $10 billion for new manufacturing of chips and $11 billion for research and development.
López Obrador, for his part, explained his plan to make the northern border state of Sonora a leader in lithium, electric vehicle and solar energy production, Ebrard said. Lithium is a key component of batteries for electric vehicles. The president said last month he had already discussed the idea with U.S. President Joe Biden.
