Olinia, the first Mexican electric car: this is how much it will cost and when it will go on sale

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The Mexican government unveiled the prototype of the first Mexican electric vehicle, called Olinia 1, which can travel more than 25 kilometers per charge. This makes it even more cost-effective to operate than a conventional vehicle, which costs 2.40 pesos worth of gasoline to travel one kilometer.

From the Santa Lucía Military Base, Mayor Claudia Sheinbaum asserted that Olinia is an innovation in electromobility, designed by Mexican minds not only for Mexico but also for the world.

“It’s not just about manufacturing an electric car; it’s about demonstrating our ability to imagine, design, develop, and bring things to life. For a long time, Mexico was seen as a country destined to produce what others imagined, but that’s simply not true,” she stated.

Therefore, the mayor emphasized that Olinia represents more than just an electric vehicle; it embodies the vision of a Mexico that harnesses the intelligence and creativity of its youth to contribute to the digital and technological development that is transforming the world.

“Olinia is proof that Mexico can go beyond simply being a recipient of investment; it can generate knowledge, develop technology, design solutions, and create value based on our capabilities,” he emphasized.

How much will Olinia cost and when will it be available?

During the presentation of the first Mexican electric vehicle, Roberto Capuano, head of the Olinia project, explained that the vehicle will cost 150,000 pesos, including VAT, and the price will vary depending on the equipment.

The official also announced that the first deliveries of Olinia vehicles to buyers will begin in 2027, and he pledged to present the Olinia cargo prototype after the World Cup.

“A gasoline vehicle has an approximate cost of 2.40 cents per kilometer, a motorcycle 1 peso per kilometer with more than 25 kilometers of autonomy per charge, Olinia achieves an operating cost of 49 cents per kilometer considering an energy rate of 4 pesos per kilowatt hour,” one of the presenters specified.

Source: punlimetro