The global battery market will be worth about $116 billion a year by 2030 — up from around $28 billion now. But the U.S. is on course to capture only a small piece of that.
Tesla Inc. laid out a road map to build a $25,000 car by 2023 and eventually 20 million cars a year, part of the company’s first-ever and highly anticipated “Battery Day” event.
Trade consultant Nelson Balido, principal of Balido & Associates, outlines what Mexico's government must do in order for that country to become an attractive alternative for manufacturing products destined for U.S. consumers.