Mexico’s Record $114 Billion Trade Deficit with China Sparks Economic Alarm


Leapmotor (HKEX: 9863) has officially entered the Mexican market, marking the Chinese electric vehicle (EV) maker's first foray into North America.

The Leapmotor B10 compact electric SUV (sport utility vehicle) completed local certification in Mexico this month, officially launching in the market and beginning deliveries, Leapmotor announced on Monday.

The move comes as the FIFA World Cup is being hosted in Mexico. Leapmotor held a series of experiential events at the Campo Marte Fan Fest and the Stellar Soccer House in Mexico City, showcasing the brand and its products to local media, content creators and consumers.

The B10 is now available at dealerships across Mexico. Prior to its launch, the model completed local adaptation validation at Stellantis NV's (NYSE: STLA) automotive engineering research and testing center in Mexico.

The center is equipped with a full suite of vehicle inspection, emissions, materials and powertrain testing facilities, with a research team drawn from Mexico's top universities.

All models must undergo more than a year of multi-dimensional testing before entering the Mexican market, Leapmotor said.

The testing includes dedicated tuning for complex terrain and climates such as highlands, deserts and rainforests, along with local regulatory certification. The B10 was the first to complete the entire process and enter the market validation stage.

Leapmotor's C10 and C16 SUVs will follow into the Mexican market. These models will cater to segment needs such as family travel and multi-passenger seating.

On the distribution front, Leapmotor is building out its local network by leveraging Stellantis' resources in Mexico. After-sales support will be provided by Mopar, a service provider with more than 85 years of industry experience.

Mopar's parts distribution center in Toluca spans 45,000 square meters and stocks more than 50,000 genuine parts.

Backed by an intelligent logistics system, parts can be delivered to dealerships across the country within 24 to 48 hours, Leapmotor said.

In terms of its sales network, Leapmotor has established more than 40 authorized outlets in Mexico's core cities. The company will continue to expand its channels, gradually covering more tier-two and tier-three cities.

Local owners can enjoy a four-year vehicle warranty and an eight-year high-voltage battery warranty. Services also include roadside assistance, OTA upgrades and a dedicated concierge.

Leapmotor's product expansion has gathered strong momentum this year. The company launched the updated C10, C11 and C16, three of its mainstay SUVs, in its home market of China on June 16.

All three models have been upgraded to an 800-volt high-voltage platform, offering an all-electric range of up to 660 kilometers, with a starting price as low as 125,800 yuan ($18,554) in China.

On June 25, Leapmotor launched the D99, its first flagship MPV, marking its entry into that segment.

Strong delivery figures also underpin its global expansion. As of June 2026, Leapmotor's cumulative global deliveries surpassed 1.5 million units, taking just eight months to climb from 1 million to 1.5 million.

In June alone, the company delivered 93,376 vehicles globally, up 94.51% year-on-year, setting a new monthly record. In the first half of the year, cumulative deliveries reached 356,487 units, up 60.82% year-on-year.
 

Volkswagen to export its first Chinese-made car to Mexico​

Volkswagen has partnered with Chinese manufacturers in an effort to sell vehicles in the country and will soon receive the first shipment of the Lamando L. This strategy has been in use for years, as seen with companies such as Chevrolet, Ford, and Dodge. This time, the German automaker is adopting this approach in an effort to expand its lineup.

The news had been confirmed by Volkswagen’s WeChat profile (a very popular social media platform in China) in a post announcing the start of Lamando L exports to Mexico, which could be a sign that its launch is imminent.

However, Volkswagen is not the only brand that has received support from China to expand its lineup in Mexico, as the Japanese automaker Nissan is preparing to launch at least three models co-developed with Chinese manufacturers. In addition, Mazda is also considering selling a sedan or SUV in Mexico featuring technology shared with the Chinese automaker Changan.

Nissan's Chinese Truck Goes On Sale In Mexico And Other Markets
Nissan will start selling its Frontier Pro pickup in Mexico this month, the first model the Japanese carmaker has developed and produced in China for global export.

The pickup will go on sale in the Philippines in November, and in the Middle East and other Latin American markets by the end of the year, Nissan said on Thursday.
 

China-based CATL, global leader in energy storage, signs on for a major Mexican solar project

CATL, the world’s largest manufacturer of battery energy storage units, is seeking to become a player in Mexico’s energy-storage business.

Headquartered in China, CATL (Contemporary Amperex Technology Co., Limited) has signed an agreement to supply a 313 megawatt (MW)/1,639.45 megawatt-hour (MWh) battery energy storage system (BESS) to the La Alegría Solar project in the state of Campeche. The project is being developed by Copenhagen Infrastructure Partners, a Danish global fund manager and investment firm.

According to CATL, La Alegría will incorporate Mexico’s first BESS with an energy capacity exceeding 1 gigawatt-hour and will be the largest battery storage system in the country.

BESS units do not produce electricity themselves. Their function is to store energy generated by other sources and release it when needed, allowing for better use of renewable energy production and responsiveness to supply fluctuations, while providing ancillary services to maintain the stability of the electrical system.

CATL’s plans for La Alegría include more than 1.1 million photovoltaic modules of 685 Watt peak (Wp) each, 101 transformer substations and 202 inverters. Wp is the unit that measures the maximum theoretical power output of a photovoltaic (PV) solar panel.

The evacuation infrastructure includes a 34.5/400-kilovolt step-up substation and a 2.85 km, 400-kilovolt transmission line, occupying a total area of 1,206.97 hectares.

The design represents a substantial change from the original configuration as the proposed battery energy storage capacity (1,639.45 MWh) is approximately 5.2 times the 314.98 MWh appearing in the approved environmental documentation.
 

Huawei Cloud Scales Mexican Infrastructure as Demand Surges
Thu, 11/12/202609:25

Huawei Cloud’s three Availability Zones in Mexico aim to tackle demand for low-latency performance, AI integration, and resilient multi-cloud environments. As nearshoring and AI drive unprecedented demand, operators face critical energy and regulatory hurdles. This approach solidifies Mexico's role as a digital gateway, demanding sustainable engineering and robust data governance to ensure long-term ecosystem viability.

Huawei Cloud is significantly scaling its local infrastructure footprint in Mexico, deploying three dedicated Availability Zones and Tier 3+ data center architectures backed by historical capital investments exceeding MX$1.3 billion (US$64 million). This strategy arrives as enterprise demand for low-latency performance, AI integration, and resilient multi-cloud environments reaches historic highs across the national digital ecosystem.

By establishing a robust local compute foundation, technology providers are addressing the acute operational needs of financial institutions, manufacturing conglomerates, and e-commerce platforms navigating complex data localization mandates. The ongoing transformation highlights how digital infrastructure has evolved from a back-office utility into a fundamental pillar of national economic competitiveness, ensuring that companies operating within Mexico can process high-volume transactions securely and efficiently without relying entirely on cross-border data transit.

The structural enhancement of Huawei Cloud's local operations is anchored by a multi-zone availability model designed to deliver guaranteed latency thresholds of 25ms within domestic territory and 50ms across North America and the Caribbean. This hyper-optimized network connectivity provides the performance baseline required for mission-critical applications, including high-frequency financial transactions, automated supply chains, and real-time video analytics. Furthermore, the integration of the Huawei Cloud Stack 8.5 (HCS 8.5) platform equips over a thousand domestic enterprise customers with advanced big data analytics and AI-powered database management tools.

Early hyperscale deployments laid the groundwork for scalable, highly resilient cloud services that fundamentally transformed local enterprise adoption patterns. Building upon this precedent, Huawei Cloud's expansion accelerates the consolidation of Mexico as the premier digital gateway between North and Latin America, enabling seamless data integration and strengthening technological ties across international borders.

This rapid infrastructure escalation unfolds within the broader context of an unprecedented national capital expenditure wave, with the digital infrastructure sector tracking an estimated investment pipeline of up to US$82.5 billion through 2031. Propelled by nearshoring manufacturing relocations and soaring AI computational requirements, hyperscalers and colocation operators are rapidly scaling operations across key regional hubs such as Queretaro, Monterrey, and the Valley of Mexico. However, this unprecedented growth brings underlying electrical and environmental constraints into sharp relief. Energy availability, transmission substation bottlenecks, and municipal resource limits present primary operational hurdles for data center developers and enterprise tenants. To maintain operational continuity amidst tightening electrical grid capacities, industry leaders are increasingly compelled to integrate advanced liquid-cooling architectures, battery energy storage systems (BESS), and resilient power distribution frameworks. The long-term viability of the national digital ecosystem depends heavily on proactive resource management, regulatory collaboration with federal authorities, and sustainable engineering practices.

Beyond physical hardware deployment, the rapid expansion of local cloud capacity necessitates robust talent pipelines and strategic academic alliances to mitigate chronic skilled-labor deficits. To address this challenge, Huawei Cloud has established formal partnerships with over 30 universities nationwide, spearheading specialized AI curricula designed to train thousands of local engineers. Simultaneously, the regulatory landscape governing digital operations is noticeably tightening. Lawmakers and federal agencies, including the Agencia de Transformación Digital y Telecomunicaciones (ATDT), are actively reviewing comprehensive legislative proposals designed to establish risk-based accountability, protect national information assets, and foster trusted data governance. By hosting advanced machine learning platforms directly within domestic cloud regions, regulated entities can maintain robust control over sensitive consumer records while driving operational innovation.
 

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