Sheinbaum confirmed on Friday that Mexico is building a series of small, cheap EVs that are expected to challenge those made in India and China. The country already has several prototypes.
“We are going to generate supply chains so that everything that is in the electric car is manufactured in the country and we import as little as possible,” Sheinbaum explained. The move comes as Mexico looks to wean off Asian imports while securing a domestic supply chain.
In her inauguration address on October 1, Sheinbaum revealed plans to launch an EV created and assembled in Mexico.
The electric car, called “Olinia,” is one of 100 key priorities Sheinbaum will pursue as President. She explained that an affordable EV will help boost adoption while making transportation safer in the region.