Mexico unveils Olinia, its first homegrown electric vehicle, starting under $9,000
By
Peter Johnson
Fresh out the oven, still warm. Top of the tray.
Summary
Mexico's President Claudia Sheinbaum has unveiled Olinia, the nation's first domestically developed electric vehicle. Set to launch in 2027 with a starting price under $9,000, the EV represents a shift away from Mexico's traditional role as an assembly hub for foreign automakers toward domestic innovation and manufacturing in the electric vehicle space.
Key quotes
· 1 pulledWe were told that innovation was reserved for other places, that Mexico was only made for assembly plants, that our role was to receive technology, not develop it; to receive ideas, not create them. But that is false.
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