Economic Clouds – Are they appearing due to cars? Cars seem to last longer. Younger generations are not as attached to cars as the older generations. The Mexico automotive industry represents 23% of the manufacturing industry GDP and almost 5% of the total Mexico GDP.

There's also talk about electric cars and the future. In Mexico, people are beginning to shift preferences to electric cars. I've been reading about the lithium battery that goes into these cars. Ouch! Alert! 45% of the cost of the car is in the battery.

Production Costs – Electric cars cost more in terms of money and energy to manufacture. If a battery dies after 8-10 years, do you get a new battery or a new car?

Driving Range – If you can only go about 300-550 kilometers at the most, does this limit the daily commute?

Charging Stations – There are about 1,600 charging stations in Mexico compared to 10,000 gas stations. And it takes 30 minutes or more to charge your car.

Green Thoughts – The materials in the battery, lithium, cobalt and nickel, require foreign sourcing. Recycling these batteries costs more than extracting virgin lithium from the earth. Are most of these batteries going to the dump?