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ARTICLE · 19 SEPTEMBER 2024

Foley Automotive Update

Analysis by Julie Dautermann, Competitive Intelligence Analyst

GlobalTransport

Analysis by Julie Dautermann, Competitive Intelligence Analyst

Foley is here to help you through all aspects of rethinking your long-term business strategies, investments, partnerships, and technology. Contact the authors, your Foley relationship partner, or our Automotive Team to discuss and learn more.

Key Developments

  • Foley & Lardner provided key takeaways concerning Mexico's creation of mandatory-technical-standards, Normas Oficiales Mexicanas (NOM), for EVs.
  • The Wall Street Journal reports a number of U.S. companies could delay investment plans in Mexico to assess the impact of outgoing President Andrés Manuel López Obrador's recently passed legal and constitutional reforms. Incoming President Claudia Sheinbaum assumes office October 1. The article also notes the reforms may impact a 2026 review of the U.S.-Mexico-Canada trade agreement.

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