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.
What is price of their car?
The Zacua MX2 and MX3 from the video seem to be around 30k USD
Not as cheap as I hoped. But this still is the first generation and getting it rolling takes time.
It is the right strategy to use Chinese batteries and motors, but their operation is very labour intensive. Even at low Mexico wage rates, a US manufacturer car can likely beat on price/quality/features.