36. VEMO’s Clean Mobility Bet Amidst Rising China Tariffs, New Femsa CEO, Herdez Spins Off Nutrisa, Cross-Border Logistics, and Aeroméxico–Delta JV Blow
Description
This week on MexMoves, we speak with Roberto Rocha and Germán Losada, Co-Founders of VEMO, the Riverstone-backed Mexican clean mobility startup, about their recent US$250 million equity raise and the company’s rapid growth in EV leasing and infrastructure. We also ask about the threat to VEMO of increased tariffs on Chinese EV imports — subsequently confirmed.
René Lankenau of Whitepaper breaks down Grupo Herdez’s spin-off of Nutrisa and the US$750 million sale of part of its McCormick joint venture — moves that are reshaping one of Mexico’s most iconic food groups.
Ricardo Kumar Dadoo of Clarendon Group explains how US/Mexico cross-border transport and logistics networks are holding up under Trump’s new trade and immigration regime.
We also cover FEMSA’s new CEO, the Aeroméxico–Delta joint venture facing U.S. regulatory pushback, and take a closer look at the motives behind Mexico’s move from Free Trade Bastion to Fortress North America, via the planned big hike in tariffs on Chinese imports.
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