Mexico elected its first female president on June 2. Claudia Sheinbaum, the former mayor of Mexico City, won a resounding victory with nearly 60 percent of votes. She represents outgoing President Andrés Manuel López Obrador’s Morena party and is set to assume office in October.
In March, Sheinbaum presented her economic agenda before Mexico’s business leadership in the city of Monterrey, where Tesla plans to build an electric vehicle plant. Sheinbaum hopes to take advantage of the opportunities offered by U.S. nearshoring efforts; Mexico has emerged as an attractive destination for U.S. companies seeking to relocate their supply chains closer to home. She has also proposed creating 10 so-called development poles throughout Mexico, which would see regions specialize in sectors such as tourism, technological innovation, and renewable energy while also satisfying various sociocultural development goals.
To achieve her ambitious economic objectives, Sheinbaum must ensure that Mexico has a stable, growing energy supply. That
