Despite the government's efforts to protect local businesses, geopolitical tensions could derail Mexico's ambitions to become a major EV manufacturing hub.

Despite news of upcoming tariffs on imported vehicles, Tesla bucked the trend among automakers, seeing a slight uptick in its stock price. On Wednesday, U.S. President Donald Trump announced that a 25% tariff would be imposed on foreign-made cars,

The nation's first homegrown electric public transport bus is one of many diverse projects Mexico is supporting in pharma, robotics and more.