Chinese firm invests in Nuevo León to build natural gas-powered buses

A Chinese bus manufacturer will invest 6.23 billion pesos (US $326 million) in an assembly plant in Nuevo León that will produce buses that burn natural gas.

Mexican bus company Golden Star 4000 partnered with Zhongtong Bus Holding Co. Ltd. to build the factory in the municipality of El Carmen.

The plant’s capacity will be 4,800 vehicles a year.

Golden Star 4000 already has 17 of the eco-friendly buses — that were assembled in China — operating on routes in Mexico.

Nuevo León Governor Jaime Rodríguez Calderón said Mexican-built buses have already been contracted for an express route to connect Monterrey to García, some 40 kilometers to the west. The route is expected to begin operating on November 15, and will connect with Monterrey’s Ecovía rapid transit system.

He said the municipality plans to create other routes for the buses the plant will produce, connecting with Juárez and Cadereyta.

The buses are equipped with high-tech amenities such as interior and exterior cameras, air conditioning and wireless internet.

The plant will take three years to build and will employ 2,800 people when it is fully operational, said Golden Star 4000.

Source: El Economista (sp)

Have something to say? Paid Subscribers get all access to make & read comments.

Mexico’s week in review: A surprise rate cut, a sliding peso and an oil spill that’s becoming a political problem

5
The week of March 23–27 in Mexico delivered economic and political friction that touched on everything from the cost of borrowing to the cost of governing.

Xcaret theme park banned from using Maya culture for marketing, for now.

5
The ruling will stay in effect only until the Supreme Court makes a final decision on what could be a landmark case for Mexico's cultural future

FIFA president Infantino attends Guadalajara qualifier, signaling confidence in Mexico as World Cup host

2
The World Cup qualifiers marked Guadalajara's first major sporting event since El Mencho's death. All went off without a hitch as Jamaica beat New Caledonia before a packed Akron Stadium.
BETA Version - Powered by Perplexity