Energy firm forays into electric auto manufacturing

A Mexican electrical goods and energy company is now also an automaker: Grupo IUSA officially launched a range of four electric and hybrid vehicles on Wednesday at the Latin American Mobility Summit in Mexico City.

The vehicles are a compact car, an SUV, a hybrid-electric van and a passenger bus. Sales director Agustín Ortega said that all the vehicles are manufactured at IUSA’s plant in Jocotitlán, a México state municipality about 120 kilometers northwest of Mexico City.

“The plant has the capacity to manufacture up to 20 vehicles a week, depending on the model. They’re 100% Mexican designs and we want to expand the business, depending on demand,” he said.

Ortega said that IUSA began its automotive project a year ago with the aim of capturing a segment of the growing electric vehicle market. The models presented on Wednesday are tailored to the needs of the market, he said.

Called IIK, the compact car has a range of 440 kilometers before it needs recharging while the SUV, called ATL, has a 310-kilometer range. The hybrid van can travel up to 400 kilometers with a full tank of fuel and a fully-charged battery, while the 40-seat 100% electric bus has a 200-kilometer range.

IUSA vice president Juan Carlos Peralta told the news agency NotiPress that the company was motivated to move into the electrical vehicle sector to help reduce air pollution in Mexico and the related health problems it causes.

“[We are] presenting our family of vehicles to attend to the problem of … pollution [caused by] vehicles with internal combustion engines. This is our solution to the problem,” he said.

Established in 1939, IUSA produces a range of energy-related products including solar panels at a factory next to the México state automotive plant.

Source: El Financiero (sp), NotiPress (sp) 

Have something to say? Paid Subscribers get all access to make & read comments.
During his address at the inauguration, Economy Minister Ebrard expressed his gratitude to the Indian Embassy for their organization of the event and shared that he plans to visit India to fortify the growing bilateral trade relationship.

Mexico’s economy minister inaugurates consortium of binational trade chambers in bid for greater cooperation

0
Among the 23 chambers that are part of the new forum are the American Chamber of Commerce of Mexico, the Canadian Chamber of Commerce in Mexico, the Mexico-China Chamber of Commerce and Technology and the Trade and Commerce Council of India and Mexico.
agave plants

The world can’t get enough mezcal. Oaxaca’s forests are paying the price

1
The boom in mezcal production is stripping hillsides, stressing water supplies and fouling rivers. Mezcal makers say they're trying to mitigate the damage, but the scale of the problem is daunting.
renovations at Mexico City international airport

Clock ticks on remodel of Mexico City International Airport as World Cup nears

0
Renovations at both terminals of Mexico City International Airport (AICM) are only around half complete after 10 months of construction, meaning they will not be finished in time for the 2026 FIFA World Cup, according to the airport’s director general.
BETA Version - Powered by Perplexity