MEXICO CITY — Mexico and the United States plan to take advantage of the Biden administration's massive investment in semiconductor production to push the integration of their supply chains and cooperate on expanding the production of electric vehicles through Mexico's nationalized lithium industry, officials from both countries said Monday
"Major elements of the semiconductor supply chains are already well established in Mexico, with U.S. based companies like Intel and Skyworks conducting research and development, design, assembly and test manufacturing in parts of Mexico," U.S. Secretary Antony Blinken said. Blinken said another piece of new U.S. legislation aims to incentivize the shift to electric vehicles and the production of the batteries they need in North America."This means more jobs for Mexico, more integration," Ebrard said."We think Mexico could grow twice as much with what was proposed to Mexico today and this means we can reduce poverty even faster in our country and that the infrastructure of Mexico can grow faster.
Last month, Lopez Obrador said the government had created the state-run lithium company that would be in charge of the exploration and extraction of the mineral. Mexico nationalized lithium production in May. U.S. border agents' encounters with migrants from the Northern Triangle countries -- El Salvador, Honduras and Guatemala -- have been running lower this year than last, despite overall encounters at the border being up this year, according to U.S. Customs and Border Protection data. Encounters with Mexican migrants have also been higher for most of the past year.