SEV will build a 6,800 million peso plant in Durango

Solarever will not only invest in vehicle manufacturing but will also bring new technologies and products of clean energies, announced the governor of Durango, Esteban Villegas.

Durango, Dur. With an initial investment of 6,800 million pesos, of Chinese-Mexican origin, the company Solarever Electric Vehicles (SEV) will build its electric car assembly plant in Durango to manufacture four models starting in January 2025.

The SEV plant plans to assemble 5,000 units to increase production to 20,000 units in its second year of operations, although it has a capacity of 50,000 cars per year. It would generate 1,000 jobs, and has plans to export to the whole world with technology and innovation, said Juan Manuel Carreira, director of operations of Solarever.

Under a long-term alliance with the government of Durango, SEV not only invested in the manufacture of electric vehicles but also committed to bring new technologies and products of clean energies, said the governor of the state, Esteban Villegas.

During the event of the first stone, Simon Zhao, president of SEV, reported that they will produce “cars with technology, clean energies and the most accessible for the Mexican population”, in addition to carrying out exchanges with universities to train Mexicans in China, as they seek to produce batteries and semiconductors.

SEV will be established as the second assembly plant with Chinese investment in Mexico, after JAC, and promises to generate innovation, technology, and create Mexican talent. The company said it has a presence in the United States and Canada as well as Colombia, so the factory in Mexico will allow the internationalization of the assembler.

The construction of the SEV plant will be located in Durango, Durango, in the Logistics and Industrial Center of Durango (CLID), which connects with the International Airport of the state and the railway service, which will favor the logistics of the company to import the main auto parts of the cars from China and later, also export.

The construction works will begin at the end of February and conclude at the end of this year, to proceed with the assembly operations in 2025.

Juan Manuel Carreira announced that they will introduce a new smaller vehicle than the cross E-WAN model (the cheapest car on the Mexican market), at a more affordable cost.

In the framework of the event, three models to be produced were presented: the SEV E WAN cross, the E-Nat that is a family truck and the sedan E-Tus, which are already marketed in Mexico and “have acceptance among the Mexican public”, said the executive.

Juan Manuel Carreira explained that SEV will resort to the base of Mexican suppliers in parts such as upholstery, interiors, tires, among others, however, the main parts such as engine, batteries, transmission and the electrical part will be imported from China, until there are companies that manufacture locally this type of components.

“Mexico needs a Mexican company that manufactures and is competitive … but why is there no international brand of clean energy, because there is no technology and innovation,” said Zhao, who added that the plant will use inputs and products from China, the United States and Mexico.

Soon, SEV will announce the sales data achieved in 2023, because it has not yet reported to INEGI; although he mentioned that he already has 14 distributors in the country and seeks the opening of 16 more during 2024.

“At SEV we are committed to the development of national electric vehicles in Mexico, so that the population can acquire their cars, travel comfortably and enjoy clean energy at low cost,” said Simon Zhao.

Source: El Econonista