{"id":44568,"date":"2025-01-07T05:30:00","date_gmt":"2025-01-07T10:30:00","guid":{"rendered":"https:\/\/latamobility.com\/?p=44568"},"modified":"2025-01-07T14:34:33","modified_gmt":"2025-01-07T19:34:33","slug":"mexico-introduces-olinia-first-local-electric-vehicle-manufacturer","status":"publish","type":"post","link":"https:\/\/latamobility.com\/en\/mexico-introduces-olinia-first-local-electric-vehicle-manufacturer\/","title":{"rendered":"Mexico Introduces “Olinia,” First Local Electric Vehicle Manufacturer"},"content":{"rendered":"\n
Mexico’s President, Claudia Sheinbaum<\/strong>, unveiled the Olinia<\/strong> project, the first Mexican manufacturer<\/strong> of electric microvehicles<\/strong> that by the end of the administration in 2030<\/strong>, aims to produce three models<\/strong> priced between $4,500<\/strong> and $7,500<\/strong>.<\/p>\n\n\n\n The assembly plant, which will combine public and private capital<\/strong>, will develop a personal mobility microvehicle<\/strong>, another for “neighborhood mobility”<\/strong> designed for short distances<\/strong>, and one more for last-mile delivery<\/strong>, explained Roberto Capuano<\/strong>, project leader.<\/p>\n\n\n\n In statements reported by the EFE news agency<\/strong>, he stated, “Our goal is to launch the three models with a company that has public and private investment<\/strong>, that is economically viable, and has long-term prospects. For our first model, (the goal) is to arrive at the opening game of the 2026 World Cup at the Azteca Stadium<\/strong> in an Olinia<\/strong>.”<\/p>\n\n\n\n Three months ago, the government<\/strong> formed a team of researchers from the National Polytechnic Institute (IPN)<\/strong> and the National Technological Institute of Mexico<\/strong>, which this year will have a budget of 25 million pesos ($1.25 million)<\/strong> to develop the model.<\/p>\n\n\n\n The idea of manufacturing electric microvehicles<\/strong>, explained Capuano<\/strong>, comes from the fact that 70% of the Mexican population lives in urban areas<\/strong>, and 80% of them have daily mobility needs under 30 kilometers<\/strong>.<\/p>\n\n\n\n With this project, the government<\/strong> seeks to boost the automotive industry<\/strong>, which accounts for nearly 4% of the national GDP<\/strong> and 20.5% of manufacturing GDP<\/strong>, more than any other sector.<\/p>\n\n\n\n “We see how in countries similar to Mexico, these vehicles are on the rise. In China and India alone<\/strong>, sales of microvehicles<\/strong> in 2023<\/strong> exceeded 1.3 million units<\/strong>. For us in Mexico, microvehicles<\/strong> are the category with the greatest potential in electric mobility<\/strong>,” argued Capuano<\/strong>.<\/p>\n\n\n\n Rosaura Ruiz Guti\u00e9rrez<\/strong>, Secretary of Science, Humanities, Technology, and Innovation<\/strong>, stated that Olinia<\/strong>, which in Nahuatl<\/strong> means movement<\/strong>, “marks a historic milestone because it goes beyond manufacturing Mexican electric microvehicles<\/strong>. It has the potential to become a turning point for the Mexican industry<\/strong>.”<\/p>\n\n\n\n On February 20, 2025<\/strong>, Latam Mobility<\/strong>, the largest sustainable mobility community in Latin America<\/strong>, will kick off its tour in Monterrey, Mexico<\/strong>, with the second edition of the \u201cNorth America Mobility Summit 2025\u201d<\/strong>.<\/p>\n\n\n\n Mexico<\/strong> has become a key player in the region with the arrival of major automotive brands<\/strong>, bringing ambitious plans to set up electric vehicle plants<\/strong>. In this context, Latam Mobility<\/strong> strengthens its role as a key player in fostering synergy<\/strong>, networking<\/strong>, and partnerships<\/strong> between public and private sectors.<\/p>\n\n\n\n The \u201cNorth America Mobility & Net Zero Summit\u201d<\/strong> in Monterrey<\/strong> will bring together top companies<\/strong> and leaders<\/strong> in energy<\/strong>, transportation<\/strong>, fuels<\/strong>, and mobility<\/strong>, to showcase the industry’s advancements and outlooks in Mexico<\/strong>, the United States<\/strong>, and the region.<\/p>\n\n\n\n If you want to learn about the agenda or participate as a partner in Latam Mobility’s “2024 Tour”<\/strong>, and gain access to the benefits portfolio, write to info@investinlatam.org<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":" Mexico’s President, Claudia Sheinbaum, unveiled the Olinia project, the first Mexican manufacturer of electric microvehicles that by the end of the administration in 2030, aims to produce three models priced between $4,500 and $7,500. The assembly plant, which will combine public and private capital, will develop a personal mobility microvehicle, another for “neighborhood mobility” designed…<\/p>\n","protected":false},"author":10,"featured_media":44559,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[2057],"tags":[1564,1281,2079,1489],"class_list":["post-44568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pubic-sector","tag-electric-cars","tag-electric-mobility","tag-mexico-2","tag-sustainability"],"yoast_head":"\n
<\/figure>\n\n\n\nProject Beginnings<\/strong><\/h2>\n\n\n\n
<\/figure>\n\n\n\nLatam Mobility Begins 2025 in Mexico<\/strong><\/h2>\n\n\n\n
<\/figure>\n\n\n\n