Mexico City – Uncertainty about where gasoline prices are going in Mexico this year may push more motorists to look for alternatives – such as the product of Carlos Slim’s new venture. A made-in-Mexico electric vehicle designed by Giant Motors – part of Slim’s financial conglomerate Inbursa – could hit the roads in a year’s time.
The vehicle will be manufactured through a collaboration with Moldex, a subsidiary of the world’s largest bakery, Bimbo, and the Monterrey Institute of Technology (ITESM).
Giant Motors, which last week announced a new venture with Chinese auto maker JAC Motors, expects to have a working prototype ready late this year, and could launch it commercially next year.
The automotive firm anticipates introducing its vehicle as an electric taxi in cities such as the country’s capital, to which end it will look for government funding and collaboration to help promote it as an environmentally-sound alternative.
Moldex has been building light-duty electric trucks for its parent company for more than two years at its State of México plant. As of last summer, Bimbo had 320 units in service as delivery vehicles.
more recommended stories
Cozumel police protest mismanagement of funds by senior officers
Municipal police in Cozumel, Quintana Roo,.
Southwest Airlines to expand cargo business to Mexico
According to CNBC News, the avocado on.
Mérida hotels take measures against Influenza
The hotel and commerce sector of.
CICY scientists develop international biomimetic study on cocoyol fruit’s toughness
The Cocoyol or Coyol (Acrocomia Mexicana).
American tourist killed by stray bullet in Mexico City: ABC News
According to ABC News, an American.
Tour Mexico’s Yucatan Peninsula and explore ancient Maya culture
The archaeological sites of the Maya.
OPINION: AMLO will fight the drug war in a different way
Phillip Smith is a writer, author.
Top 10 things you should know about NABCO Ghana
While NABCO is still a new.
Mérida City Council will take “vulnerable social groups” representatives to visit Logos Hope
MÉRIDA, Yuc.- The City Council of.
Four deaths in Yucatán due to Influenza: State Health Secretariat
After days of waiting to have.