Sheinbaum debuts Olinia, Mexico's new low-cost EV
Mexico News Daily
Last updated: June 9, 2026
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.