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Sheinbaum debuts Olinia, Mexico's new low-cost EV

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Mexico has unveiled the Olinia 1, its first proprietary electric vehicle designed for short-distance, intensive use with a focus on affordability and efficiency. The government plans to commence production and sales in 2027, aiming to provide a cost-effective and eco-friendly transportation solution for the Mexican public.
  • Olinia 1 is priced at 150,000 pesos (approximately US $8,590), making it a cheaper alternative to conventional cars and motor taxis.
  • The EV is designed for 8 to 12 hours of daily driving with an estimated range of 50 kilometers per hour.
  • Its operating cost is projected at 49 cents per kilometer, potentially saving users up to 50,000 pesos annually on fuel, effectively paying for itself through savings.
  • The vehicle costs five times less than a traditional petrol vehicle and less than half that of a motorcycle.
  • Mexico plans to install 2,000 charging stations in key states between 2026 and 2027, with further expansion nationwide.
  • Olinia 1's charging mechanism is compatible with the North American Charging Standard (NACS).
  • Accessibility features for wheelchair users, a six-passenger capacity, and an IP67 water protection rating for its engine and battery have been highlighted.
  • Future models will include a freight transport vehicle set to debut in July.
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