World News

32317 readers

797 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 5 years ago

MODERATORS

[email protected]

157

Mexico joins EV market with first domestic car brand (newsus.cgtn.com)

submitted 2 weeks ago by [email protected] to c/[email protected]

16 comments fedilink hide all child comments

For decades, the Latin American nation has been a leading assembler of motorized vehicles. Mexico is now led by a president with a PhD in sustainable energy engineering.

Claudia Sheinbaum supports Mexican companies that aim to design and build their own brand of EVs.

Archive link

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 8 points 1 week ago* (last edited 1 week ago)

China's car are cheap because they have good robotics. This is hand placing and wiring batteries into a good looking car, but the body may have a lot of manual labour too.

US or Europe could manufacture a car with these specs for $20k. Even with more expensive batteries.

Though the US/EU being slow at making $20k or $30k cars does mean there is this market opportunity for this in MX.