Overview

• The government signed coordination agreements on August 15 and 16 to launch the Huamantla (Tlaxcala) and San José Chiapa (Puebla) hubs with initial investments exceeding US$500 million and MXN 2,110 million, respectively.
• In Huamantla, 80 percent of the land is already committed with six letters of intent from firms, while the Puebla hub includes 1,160 housing units for workers and a state-funded MXN 600 million substation with a 50-year supply guarantee.
• Both poles offer steep tax breaks—100 percent immediate deductions on new fixed assets plus extra allowances for training and R&D—and a federal interagency committee will provide free administrative support to investors.
• Officials highlighted strong foreign interest in Mexico’s home-grown electric motors, noting that Los Angeles authorities may order 10,000–20,000 electric buses even as domestic annual output of roughly 2,000 units plans to scale to 6,000.
• These openings kick off the drive to activate 15 poles by next year and reach a US$45 billion investment target for 2025, contingent on resolving outstanding U.S. trade tariff issues.