The agency also anticipates that, in addition to the “Tesla effect”, the relocation of companies, a phenomenon known as “nearshoring” will drive the arrival of 15,000 million dollars of investment for the next five yearsintended for the production of components such as batteries and other parts for electric cars.
The expectation about the rebound in auto parts investment due to the arrival of the American company in Nuevo León implied an increase in terms of the forecast that was had before that the investment was confirmed, both by Elon Musk, owner of the company, and by President Andrés Manuel López Obrador.
“For this year, we anticipated a growth of moderate, 1.2% against 2022, but there is a very important issue here. We must be clear about this figure, but now we see an adjustment for Tesla,” said Julio Galván, manager of Economic Studies at the INA.
The arrival of the new companies will depend on the time it takes to install the Tesla factory, which the agency hopes will be completed towards the end of the current year or beginning of 2024.
“Normally the assemblers arrive with their specific suppliers, they are installed and they begin to generate traction. The number of suppliers (arriving after the investment announcement). Is an internal process of each of them”, adds Galvan.
At the end of last year, the production of auto parts was placed at a value of 107,617 million dollars, which meant the highest figure for the sector since registration was made.
