EV Adoption in Mexico and Global Supply Chains

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Questions and Answers

What is one major barrier to consumer adoption of electric vehicles in Mexico?

  • Abundant charging infrastructure
  • Excessive government support
  • Low interest in EVs among consumers
  • High cost and vehicle depreciation (correct)

How does the average lifespan of electric vehicles compare to traditional vehicles according to the content?

  • Both types have similar lifespans
  • EVs average 10-15 years like traditional vehicles
  • EVs last shorter than traditional vehicles (correct)
  • EVs last longer than traditional vehicles

What does the 'C' in GHG refer to regarding carbon footprint assessments?

  • Carbon studies
  • Carbon emissions (correct)
  • Carbon capture
  • Carbon control

What factor significantly influences the EV market in Mexico?

<p>Chinese brands' impact (B)</p> Signup and view all the answers

What is the average cost for traditional vehicles in Mexico as mentioned?

<p>$530k (D)</p> Signup and view all the answers

What is the projected share of EV production in Europe by 2030?

<p>100% EV production (C)</p> Signup and view all the answers

Which country has a vehicle park that contains approximately 25% electric vehicles?

<p>Norway (A)</p> Signup and view all the answers

What is a measure taken by the government to incentivize EV adoption mentioned in the content?

<p>Free VA Tax (D)</p> Signup and view all the answers

What percentage of vehicle sales in Mexico are represented by hybrids and electric vehicles as of YTD September 2024?

<p>9.1% (B)</p> Signup and view all the answers

What is the average price of an internal combustion engine (ICE) vehicle in Mexico?

<p>$26,500 (B)</p> Signup and view all the answers

As of 2023, what is the estimated production of vehicles in Mexico?

<p>3.78 million (D)</p> Signup and view all the answers

How long is the expected vehicle life of electric vehicles compared to internal combustion engine vehicles?

<p>ICE vehicles last longer than electric vehicles (B)</p> Signup and view all the answers

What percentage of the energy capacity for homes in Mexico is generated by the CFE?

<p>54% (D)</p> Signup and view all the answers

What was the planned investment for energy projects in Mexico from 2024 to 2030?

<p>$23,400 million USD (C)</p> Signup and view all the answers

What is the main focus of incentives in Mexico regarding vehicle emissions?

<p>CO2 emissions for gasoline vehicles (D)</p> Signup and view all the answers

By 2030, what percentage of renewable energy is planned in Mexico?

<p>45% (B)</p> Signup and view all the answers

What is the primary purpose of the PRODESEN document?

<p>To outline the Energy Politics in electrical matters based on the national development plan (D)</p> Signup and view all the answers

Which of the following benefits of electric vehicles (EV) is mentioned in the content?

<p>Energy savings ranging from 40 to 80% (B)</p> Signup and view all the answers

By what percentage did sales of electric vehicles and hybrid vehicles increase in 2023 compared to 2022?

<p>42% (C)</p> Signup and view all the answers

What is the estimated electricity consumption needed for 6.3 million electric vehicles by 2038?

<p>18,293 GWh (C)</p> Signup and view all the answers

Which region in Mexico is NOT mentioned as having a high concentration of electric vehicles?

<p>Guadalajara (B)</p> Signup and view all the answers

What is the estimated CO2 emissions saving by the year 2038?

<p>11,211 mt CO2 (B)</p> Signup and view all the answers

Which of the following is NOT one of the integral policy requests related to electric vehicles in Mexico?

<p>Increasing subsidies for combustion vehicles (B)</p> Signup and view all the answers

How many heavy trucks assembly plants are mentioned in the document?

<p>8 (A)</p> Signup and view all the answers

Flashcards

Mexican EV Market Growth

The Mexican electric vehicle (EV) market is growing rapidly, but faces challenges like limited infrastructure and high initial costs.

EV Consumer Barriers (Mexico)

Mexican EV adoption faces barriers like high purchase prices, vehicle depreciation concerns, and cultural factors.

Government Policies (EV)

Government policies play a significant role in shaping the EV landscape, impacting incentives and infrastructure development.

EV Charging Infrastructure (Mexico)

Mexico's EV charging infrastructure, currently around 80% domestic (home/work), needs improvement to support widespread EV adoption.

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EV vs ICE Vehicle Price

Average ICE vehicle in Mexico costs around 26.5 USD, while EVs are estimated to be approximately 20% more expensive.

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Raw Material Availability

The availability of raw materials like lithium (Li) and new sodium-chloride (NaCl) is a key factor in EV production and cost.

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EV Autonomy

EV range in Mexico is around 450 km, with potential future models reaching above 800km range.

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Cultural Issues (EV adoption)

Cultural factors, such as the frequency of long trips, affect how critical the range and charging infrastructure become for a wider EV adoption.

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Mexico's 2023 TIV market size

Mexico's total industry vehicle (TIV) market size as of 2023, comprising production (3.78 million) and sales (1.36 million).

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Chinese manufacturing share (TIV)

Chinese manufacturers accounted for approximately 300,000 TIVs in Mexico (20% share of sales) in 2023, including traditional and Chinese OEMs.

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Average ICE vehicle price (Mexico)

The average price of an Internal Combustion Engine (ICE) vehicle in Mexico is around 26,500 USD (~530,000 MXN).

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EV price difference (Mexico)

Electric Vehicles (EVs) in Mexico typically are 20% cheaper than their ICE counterparts.

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Renewable energy goal (2030)

Mexico aims for 45% renewable energy penetration by 2030.

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Mexico's vehicle sales (H/E) Sept 2024

Hybrid and electric vehicle sales accounted for 9.1% of all vehicle sales in Mexico in YTD September 2024, with electric vehicles representing 1.5%.

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Mexico's automotive rank (Global)

Mexico ranks 7th in the global automotive industry.

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Investment in Elec Energy Infrastructure

Mexico is investing significantly in the electrical generation/distribution infrastructure.

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Mexico's Energy Development Plan

An annual document published by the Mexican government outlining national energy goals, including details on electricity demand and consumption, particularly for electric vehicles (EVs).

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Electric Vehicles (EVs)

Vehicles powered by electricity rather than combustion engines.

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Hybrid Vehicles (HVs)

Vehicles that use both an electric motor and a combustion engine.

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2023 EV Sales (Mexico)

72,574 electric vehicles sold in Mexico in 2023, representing 5.3% of total vehicle sales.

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EV Concentration States (Mexico)

Mexico City, State of Mexico, Jalisco, Nuevo Leon, and Puebla are leading states in EV adoption in Mexico.

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GHG Emissions Reduction EVs

Electric vehicles can reduce greenhouse gas emissions by 39-70% compared to combustion engines.

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Energy Savings with EVs

Electric vehicles can save 40-80% in energy consumption compared to traditional vehicles.

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Projected EVs in Mexico (2038)

Mexico is projected to have about 6.3 million EVs by 2038, requiring 18,293 GWh of clean energy.

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Study Notes

SGM3 Global Supply Chains

  • Project presenters: Jacqueline Bürki, Omar Serrano, & Sherban Leonardo Cretoiu
  • Assisted by: Angel Facio Mandujano & Jorge Mauricio Mancilla
  • Presentation date: November 8th, 2024
  • Location: Tecnológico de Monterrey

Electrical Vehicle, Mexico

  • Presenter: Angel Facio
  • Date: November 8th, 2024
  • Location: Berner Fachhochschule

Contents (Page 3)

  • Perspective of EV adoption and sectors trends:
    • Explore Growing EV mexican market
    • Quick Ramp Up
    • Risk and Challenges: limited infrastructure
    • Chinese Brands impact in Mx
  • Consumers barriers:
    • High cost and vehicle depreciation
    • Slow grow but constant in Region
    • Culture
  • Market Differentiation:
    • Rol of Government Policies
    • EV country infraestructure
    • Tesla pause investment for EV in Mexico among other Chinese investors. Tariffs

Contents (Page 4)

  • Integral vision about evolution of automotive industry in Mx.
  • Energy for EV industry:
  • Supplier development and evaluation.
  • AMIA Asociación Mexicana de la Industria Automotriz.
  • Request to mexican president.

EV Future in Mexico (Page 5)

  • EV consumer definition:
    • Price: Car average for termical in MX, 26.5 USD, 530k; EV -20%
    • Raw material: Availability of Li, New NaCl
    • Charge Infrastructure and : Points, time, place; Mx 80% are domestic, house and job vs 20% public
    • Autonomy: current 450, new above 800 km
    • Cultural issue, how many times user do a long trip?
  • GHG: Carbon footprint, EV 50% than ICE,
  • Vehicle life: EV 5-7 vs TV 10- 15 years
  • Green Energy availability
  • Incentives: Free VA Tax, Gas CO2 emission, use bus line; Temporary vs permanent Gasoline vs Electrical Energy, government focus.
  • 2030: 100% EV Production in Europe. Norway 25% vehicle park
  • others OEM s strategies: VW 30% VE, 10k people would be fired, close plants in Germany
  • New tariffs in UE for Chinese VE: new EU vs Germany
  • Spain 13.85 years turn: 12500 km/year
  • Norway 4 to 8 years:

EV Future in Mexico (Page 6)

  • 2023 TIV Mexico market size:
    • Production: 3.78 million
    • Sales: 1.36 million
  • Chinese manufacturing: 300k, 20% based on sales
  • Traditional OEMs (VW, GM, etc): 150K, 50%
  • Chinese OEMs (BYD, ): 150K, 50%
  • Price: Average for ICE traditional vehicle in Mx: 26.5 kUSD = 530kMXN; EV -20%
  • Charge Infrastructure and : Points, time, place; Mx 80% are domestic, house and job vs 20% public
  • Autonomy: current 450, new above 800 km
  • Cultural: really long trip?
  • Energy: Renewable energy, 45% for 2030 (M. Ebrard)
  • Develop distribution energy infrastructure: even by private investors.
  • Incentives: Mx not incentives, only Gas CO2 emission.

Automotive Industry in Mx (Page 7)

  • Production: September 2024: 378,583 units; +11.7% YoY, 1-9 months: 3,030,855 units, +6.1% YoY
  • Exportation: September 2024: 315,706 units; +4.8% YoY, 1-9 months: 2,591,467 units, +7.0% YoY
  • Internal Sales: September 2024: 116,543 units; -1.4% YoY, 1-9 months: 1,079,413 units, +10.5% YoY

Automotive Sales in Mx: Hybrid & Electrical Vehicle (Page 8)

  • YTD September 2024: 9.1% of total sales
  • Electrics: ~1.5%
  • Hybrids: ~7.0%
  • Current Mx market: prefers hybrids

Global Automotive Industry (Page 9)

  • Shows production and sales trends by year for Mexico and top 10 global producers/sellers.

Global Automotive Sales: Hybrids and Electrical (Page 10)

  • Reports sales of hybrids, electrics, and plug-in hybrids.
  • 8.12% of total sales are electric/hybrid.

Electrical Energy in Mx: "Promoting the energy transition" (Page 11)

  • Energy capacity in Mx for Homes: 3.36 GW.
  • CFE will generate 54% and private generation 46%.
  • Investment 19,992 musd in former president, plan 2024-2030 23,400 musd.
  • Projects: generation 60, Distribution 41, Acquisitions 13
  • Private generation: long term licitations, participate with CFE, generation for use and sale
  • Renewable Energy availability 45% plan for 2030 (M. Ebrard)

Electrical Energy in Mx: "Energy development plan" (Page 12)

  • PRODESEN is a document.
  • Sets big goals of Energy Politics for electricity.

Electrical Energy in Mx: Electrical mobility (Pages 13-17)

  • Provides details on electric vehicle sales, energy capacity, and forecasts.
  • Includes figures on emissions, fuel savings, and electric vehicle trends (global and in Mexico)

EV Future in Mexico (Page 18)

  • Information about the integral plan requested to CS:
    • Policy, investment plans, energy access, infrastructure improvements, and workforce development.

Supplier development (Page 19)

  • Technical evaluation: Capacity and Capability
  • Logistics
  • Quality
  • Purchasing
  • Corporate Social Responsibility
  • Environmental Management System

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