Kia and Hyundai to build EVs in Mexico

Nothing is going to change until the relic that is running the country LEAVES! Heck he is still trying to create more of an electric monopoly.

I thought the relic that was running the country lost the election in 2020. Oh wait, you’re not referring to a failed former president, you’re referring to a popular president and a popular government.

57% Portion who say they are somewhat or very satisfied with the job AMLO's done, as of February 2023.

65% Percent of respondents who have a very good or good opinion of Morena, making it the party with the highest favorables by far.

49% of Mexicans polled intend to vote MORENA in 2024 with second-place PAN at 19%.

https://www.as-coa.org/articles/approval-tracker-mexicos-president-amlo

Electricity is a classic example of a monopoly enterprise. From Stanford University…

A natural monopoly exists when average costs continuously fall as the firm gets larger. An electric company is a classic example of a natural monopoly. Once the gargantuan fixed costs involved with power generation and power lines is payed, each additional unit of electricity costs very little; the more units sold, the more the fixed costs can be spread, creating a reasonable price for the consumer. Having two electric companies split electricity production, each with their own power source and power lines would lead to a near doubling of price. Clearly, competition, the flagship of the American economy, is not always the answer.

https://cs.stanford.edu/people/eroberts/cs181/projects/corporate-monopolies/benefits_natural.html#:~:text=Natural%20Monopolies,example%20of%20a%20n...

So who do you want having the monopoly?

Carlos Slim?

Some gringo corporation?

Monopolies have weaknesses as well as strengths, but it is better to have a monopoly owned by the people and accountable through an electoral system than one owned by privateers who are accountable only to wealthy blocks of shareholders.