German electric car maker plans production plant in Mexico
The e.Go Life is the least expensive electric car in Europe, selling for 16,000 euros, or about US $19,500.
E.GO plans to build small and affordable electric cars
Published on Wednesday, May 19, 2021
A German electric car start-up has announced plans to launch a production plant in Mexico.
E.Go will pair up with strategic and technology partner Questum, a subsidiary of Monterrey-based industrial consortium Grupo Quimmco.
The companies will produce electric vehicles at the lower end of the market and seek to launch a series of small budget cars that would be affordable for the wider population. It also makes light electric buses and electric vans.
Executives hope the plant will not only serve the Mexican market, but also supply parts to other e.GO facilities in the Americas.
E.GO chairman Ali Vezvaei said Questum is the ideal partner to venture into the region. With this agreement, e.GO has not only found the right industrial partners with strong access to the local market, but at the same time, through their long-established supply relationship with key industrial groups and fleets, creates an increasing order book that will underpin our growth aspirations in Mexico from the outset, he said.
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https://mexiconewsdaily.com/news/german-electric-car-maker-plans-production-plant-in-mexico/