Etiqueta: Vehicle Production

In 2023, Mexico solidified its standing as a global automotive giant by receiving $7 billion in Foreign Direct Investment (FDI) for automotive manufacturing. Th

There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the overall lead, it has pulled ahead in certain areas, and in many others Chinese firms will likely equal or surpass Western firms within a decade or so.