Companies in Mexico Electrify Their Fleets: Investments, Alliances and Challenges in 2026

Mexico’s private sector has decisively accelerated the electrification of its vehicle fleets during 2026, consolidating an ecosystem in which large corporations are no longer merely replacing internal combustion vehicles with electric ones, but are completely redesigning their operating and logistics models.

With cumulative investment exceeding 2.3 billion pesos in the last-mile delivery segment alone, companies in sectors as diverse as food, beverages, parcel delivery, retail, and pharmaceuticals are leading a transition that in 2026 reached a historic milestone: Mexico surpassed a quarter of a million electric vehicles on the road, according to data from the Electro Mobility Association (EMA).

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Grupo Bimbo: The Largest Electric Fleet in Latin America

Grupo Bimbo remains the undisputed benchmark for corporate electromobility in Mexico and Latin America. The baking company currently has more than 4,300 electric units and nearly 8,000 vehicles using alternative energy sources, positioning it as the largest electric fleet in the region, according to Luis Campos, director of logistics at the company, speaking at the 4th Sustainable Technology and Mobility Meeting of the National Association of Private Transport (ANTP).

The company has been a pioneer in Mexico since 2012, when it began developing its own electric vehicles, and its sustainability strategy is built around three pillars: “For You,” “For Life,” and “For Nature,” with the latter focusing on reducing its environmental footprint.

As part of its investment plan announced under Plan Mexico, Grupo Bimbo will allocate more than 2 billion dollars between 2025 and 2028 to modernize more than 30 production plants and expand its vehicle fleet with electric units in seven Mexican states.

In August of this year, Scania Mexico confirmed the first order of seven electric trucks for Grupo Bimbo, marking a milestone in the electrification of the company’s heavy-duty transport in the country.

PepsiCo Mexico: More Than One Thousand Electric Units

PepsiCo Mexico took a large-scale step in renewing its delivery fleet with the addition of 1,070 Ford E-Transit electric units, an investment exceeding 2.3 billion pesos (US$119 million).

This acquisition will allow it to reduce approximately 3,900 tons of CO₂ per year, equivalent to the annual energy consumption of 650 Mexican households. In the first phase, 346 units were assigned to the Sabritas distribution center in Tlalpizáhuac, State of Mexico, while the remaining 670 units were deployed in the Valley of Mexico and Nuevo León.

With this new fleet, PepsiCo has nearly 1,400 electric vehicles in circulation, including one of the country’s first electric tractor-trailers, operated by Scania, with a range of 250 kilometers and an estimated reduction of 49 tons of emissions.

The company was recognized by Semarnat’s Clean Transport program for the tenth consecutive year. The Ford E-Transit vans offer up to 200 kilometers of range and high load capacity, reinforcing the company’s operational efficiency in the food and beverage segment.

BYD Mexico: The Automaker Conquering Corporate Fleets

Chinese automaker BYD has found its main growth driver in Mexico in the corporate fleet segment.

During 2026, the company’s focus has been the business fleet and shared mobility market, with the goal that this category will represent 25% of its total sales by year-end, compared with 14% in 2025. This equals approximately 10,200 units destined for top-tier companies such as Lala, CEMEX, FEMSA, AstraZeneca, and Novartis, which have renewed their fleets with the brand’s electric models.

Gabriel Ríos, national head of fleet and retail sales at BYD Mexico, explained that segment growth reflects a clear trend: more and more companies are migrating toward sustainable mobility schemes. “The initial investment in a 100% electric car may be higher than in a gasoline-powered one. However, operating costs change the equation. Simply charging a kilowatt-hour at a lower cost than a liter of fuel allows the investment to be recovered in 12, 14, or even 18 months,” he said in an interview with Expansión.

The BYD Dolphin Mini, the brand’s most affordable electric model in Mexico, has a cost per kilometer traveled of just 35 cents, while a traditional gasoline car costs between 1 and 3 pesos per kilometer. Platforms such as Uber and DiDi have accelerated the transition of their fleets toward the brand’s 100% electric models.

In the heavy cargo segment, BYD Trucks Mexico received a shipment of more than 100 T75 electric trucks in June 2026 at the port of Lázaro Cárdenas, Michoacán, aboard the Glovis Leader, the world’s largest vehicle carrier, with capacity for 10,800 units. The BYD T75, with a load capacity of 4,550 kilograms and a range of more than 200 kilometers, incorporates Blade Battery technology, which guarantees more than 5,000 charging cycles without significant degradation.

Óscar Zubiría, commercial director of BYD Trucks Mexico, confirmed that this is the first of several shipments that will include the V9 (van) and T35 (light truck) models, expanding the offering for different operational levels.

Coca-Cola: More Than 700 Electric Vehicles Globally

Coca-Cola FEMSA has 522 electric units in its fleet in Mexico, distributed across 315 cars, 157 trucks, and 50 forklifts, with plans to continue its expansion as part of its carbon footprint reduction strategy. The bottler integrated six 14-ton e-Delivery electric trucks from Volkswagen Truck & Bus Mexico, zero-emission units that have joined its logistics operation.

Marco Ávila, director of primary distribution transport at Coca-Cola FEMSA, highlighted that energy efficiency has become essential to company profitability, and that intermodality represents a key solution for the sector.

Globally, FEMSA surpassed 700 electric vehicles in its operations, including those of OXXO. The convenience store chain added its first electric units from BYD Trucks Mexico to its logistics operation, specifically five BYD T4C vehicles equipped with refrigerated boxes for distribution operations in Querétaro.

Additionally, OXXO acquired 15 electric vehicles for its utility fleet in Santa Catarina, Nuevo León, assigned to employees dedicated to store supervision. In 2025, FEMSA conducted an electric mobility pilot that recorded 99 trips, 1,451 kilometers traveled, and 11 recharges, with an IRR of 23.6%, validating the financial viability of the model.

DHL Express: 300 Electric Vehicles in 2026

DHL Express Mexico outlined an ambitious investment plan for 2026 that includes the purchase of 300 electric vehicles, for which the company prepared the necessary support infrastructure during 2025.

Antonio Arranz, CEO of DHL Express Mexico, anticipated that 2026 will be a strong year in terms of investment, with resources allocated both to the new electric fleet and to service centers. The company is still analyzing which brand it will purchase from, but the new fleet will serve the needs of the country’s growing e-commerce sector.

It is worth noting that DHL Express Mexico has invested 70 million euros to integrate more than 1,000 new vehicles, representing 20% growth in its total fleet. Eighty STRK trucks, 820 vans, and 30 vehicles for executive operations were acquired.

In 2025, the company extended its geographic coverage with the opening of 100 stores, reaching 830 service points by year-end. At Felipe Ángeles International Airport (AIFA), DHL Express Mexico has an operating capacity of 10,000 square meters, compared with the 1,500 square meters it had at Mexico City International Airport (AICM).

However, DHL Supply Chain Mexico has warned that the power shortage in logistics parks complicates the operation of electric fleets: the company invested in 200 electric vehicles but cannot use them efficiently due to a lack of adequate electrical infrastructure.

Estafeta, Mercado Libre, and JAC

Estafeta invested 42 million pesos to integrate its first 100% electric vehicles, from BYD, into its fleet, destined for last-mile deliveries in Mexico City. The first delivery consisted of 10 units, and at the end of the year 25 more units will be received, bringing its fleet to 35 electric vehicles.

Additionally, Estafeta launched its “green shipments” program with specialized electric cargo bicycles, which have a range of 80 kilometers and a load capacity of 180 kilograms, complementing its sustainable urban distribution strategy.

For its part, Mercado Libre expanded its collaboration with JAC Mexico through a fleet of 44 E Sunray electric vehicles, destined for distribution and last-mile activities in Mexico City and other cities across the country. The information was presented during Meli Experience 2026, where both companies showed the progress of their strategic relationship.

JAC has maintained its participation through its supplier relationship for the commercial units in the last-mile fleet that Mercado Libre operates in Mexico City. Regionally, the e-commerce platform has surpassed 1,000 electric vehicles in Latin America, supported by more than 200 new charging points.

Grupo Modelo and Heineken: The Electrification of Heavy Transport

Grupo Modelo presented its first fleet of electric trucks for secondary distribution, made up of 20 10-ton delivery trucks and 15 forklifts. Additionally, Volkswagen Trucks and Buses delivered five electric trucks to Grupo Modelo, units with a special body design solution for distributing merchandise from the BEES platform.

The brewer also converted a diesel truck to electric with support from Evolectric, equipped with 105 kWh CATL batteries, Class 5, with a load capacity between 4 and 6 tons, and it has traveled more than 5,000 kilometers during its first year in operation.

Heineken Mexico, for its part, began incorporating 100% electric trucks into its fleet, units developed by BYD that have a fast-charging time of 3 to 4 hours for a range of up to 165 kilometers.

Inti Pérez, sustainability director at Heineken Mexico, mentioned that one of the challenges is finding new-energy vehicles that adapt to the company’s urban distribution needs. The brewer’s vision is to have a 100% electric fleet, and it actively participates in international voluntary commitments such as EV100.

Sigma Alimentos: Last Mile and Refrigeration

Sigma Alimentos operates 6,500 units nationwide, of which 4,500 are last-mile. The company added 21 electric vehicles to its fleet in Mexico, bringing the number of electric and hybrid utility and last-mile delivery vehicles in circulation to more than 60.

Héctor Garza, representative of Sigma Alimentos, shared during an ANTP meeting that the company acquired nine FOTON S3 trucks in electric version, in addition to 10 Truck Mates that also joined its transport lines.

The new units travel through Nuevo León, Jalisco, the Valley of Mexico, and Veracruz. Garza highlighted that the first electrification models with BYD initially did not yield favorable economic results, underscoring the importance of a rigorous evaluation of total cost of ownership.

VEMO: 250 Million Electric Kilometers Traveled

VEMO, a Mexican electromobility company, surpassed 250 million electric kilometers traveled with its fleet, a figure the company describes as “a sign that electromobility is already operating at scale in the country.”

The company announced an investment of 825 million pesos in Monterrey during 2026 to finance electric vehicles, with a plan that includes deploying at least 1,000 electric vehicles through lease-to-own schemes via its fintech arm VEMO Impulso.

Over the next five years, VEMO projects operating a fleet of 55,000 electric vehicles in Mexico, which would imply investments close to 1.5 billion dollars.

The Mexican company also participates in the expansion of the public charging network and in pilot tests with companies such as Bimbo, Heineken, and Amazon to evaluate the operational and financial efficiency of their electric fleets.

Element Fleet Management: 140,000 Vehicles Managed

Element Fleet Management, a firm that manages more than 140,000 vehicles in Mexico, positions itself as the largest fleet manager in the market accelerating the electric transition of last-mile companies.

Manuel Tamayo, executive vice president and president of the company in Mexico, said during EV Day 2026 that global electric vehicle sales exceed 17 million units per year, with sustained double-digit growth, and that in Mexico, charging infrastructure grew more than 25%, reaching 50,000 charging stations, 90% of which are private. “Electrifying is not just changing a vehicle; it is redesigning how the company operates,” he stated.

EV Day 2026 brought together more than 74 companies from 18 industries, which were able to test-drive more than 50 electric and hybrid vehicles, with the participation of strategic allies such as BYD Autos and Trucks, General Motors, Renault, Stellantis, and Ford, as well as technology firms Geotab and Samsara.

Siemens-BMC and Alsea-OXXO Gas: Multiple Alliances, One Destination

Siemens and Beyond Movilidad Compartida (BMC) announced a strategic alliance to accelerate the production of a multipurpose electric vehicle intended for passenger or cargo transport, including last-mile deliveries.

The unit will be produced in Hermosillo, Sonora, will have a range of approximately 250 kilometers per charge, and will have a target price between 32,000 and 35,000 dollars. The project contemplates an investment of 128 million dollars and the creation of 800 direct jobs over five years. Additionally, Siemens, through its Solar Beat division, is building an intelligent, sustainable, interconnected network of electric vehicle chargers in Mexico.

For its part, Alsea, operator of restaurants such as Starbucks, Domino’s Pizza, and Burger King, actively participates in the Charging Infrastructure Task Force, an initiative that brings together more than 20 companies (including Grupo Bimbo, Mercado Libre, Coca-Cola FEMSA, Heineken Mexico, OXXO, VEMO, Siemens, OXXO Gas, Voltway, Deléctrico, Grupo Marva, International, Volvo, BYD Trucks, and ADO Mobility) to install a charging corridor for heavy electric vehicles on the Mexico-Querétaro route.

The shared investment model distributes capital costs and mitigates individual financial risks associated with the electrification of heavy transport fleets.

OXXO Gas is exploring the installation of electric charging stations at its service stations, conducting pilot tests with electric chargers to analyze user needs.

The Total Cost of Ownership as the Decision Driver

The factor that unifies the investment decisions of all these companies is total cost of ownership. Manuel Tamayo, of Element Fleet Management, notes that there are currently operations where the total cost of ownership of an electric vehicle is between 3% and 5% lower than that of an internal combustion one, considering fuel, maintenance, taxes, and operation in three- to four-year cycles.

In cities with environmental restrictions, electric fleets eliminate associated costs, contingencies, and temporary replacement of units. “The electric vehicle is no longer necessarily more expensive to operate. When you put everything into the equation, there are exercises where it already comes out cheaper,” Tamayo noted.

Adrián Enciso, director of electric vehicles at General Motors Mexico, acknowledged that demand for electric commercial vehicles is going through a stage of structural growth. “We see a very clear movement: last-mile fleets, delivery, and operation in urban centers are migrating toward electric solutions because companies’ focus has shifted from acquisition price to total operating cost.”

Overall, the panorama of private fleets in Mexico during 2026 reflects a transformation underway, but with significant challenges. While electromobility advances steadily in last-mile and urban fleets, heavy transport still faces structural barriers such as limited range, battery weight, charging times, and the lack of charging infrastructure aligned with key logistics routes.

DHL warned that the power shortage in logistics parks threatens the operation of its electric fleets, while Heineken points out the difficulty of finding new-energy vehicles adapted to its specific needs.

Public-private collaboration, the tax incentives of Plan Mexico, and the development of shared charging infrastructure, such as the Mexico-Querétaro corridor, will be determining factors for Mexico to consolidate the electrification of its corporate vehicle fleet and move toward more sustainable mobility.

Next Stop: Latam Mobility México 2026

The Latam Mobility 2026 Tour keeps rolling, and the next stop is Mexico City on October 12–13, 2026.

This event is shaping up to be the year’s grand finale for the sector, bringing together public and private leaders from across Latin America to keep driving the shift toward cleaner, more efficient, and sustainable mobility.

The Latam Mobility Mexico 2026 edition will offer a unique platform to deepen partnerships, explore the latest innovations, and map out joint roadmaps that accelerate transportation decarbonization across the region.

There, governments, companies, academia, and civil society will continue weaving the collaborative network that will make sustainable mobility a continental reality. Optimism isn’t naivety—it’s the certainty that by working together, change is absolutely achievable.