E.GO will build an electric vehicle plant in Mexico
By Elenne Castro
May 20, 2021
German electric vehicle manufacturer e.GO plans to enter the Mexican market with the construction of an automotive plant in Mexico .
To achieve this, the company will cooperate with the Grupo Quimmco industrial consortium of Monterrey, Mexico, specifically with Questum , which is its subsidiary company.
E.GO's micro-factory is ready for the 5G network and is perfectly adapted not only to serve the growing Mexican market, but also to supply spare parts to other company facilities in the Americas.
Additionally, it is set to produce one of the most sustainable Battery Electric Vehicles (BEVs) , which is why e.GO is leveraging its modular and scalable factory.
In addition, the company has developed a disruptive production model based on Industry 4.0 (Internet of Production) that reduces investment requirements and time to market, while ensuring highly efficient production with a low breakeven point.
The decentralized production system , combined with Questum's expertise, will contribute to the local economy and help create job opportunities.
To highlight, Questum is the strategic and technological partner for the local market with access not only to the territory but also to key customers and large automotive fleets. With e.GO vehicles , Quimmco plans to electrify vehicle fleets across the country.
Ali Vezvaei, Chairman of the Board of Directors of Next.e.GO Mobile SE, stated that the company has not only found the right industrial partners with strong access to the local market, but at the same time creates an order book every time. greater than sustaining growth aspirations in Mexico from the beginning.
Similarly, Manuel Valdés, CEO of Questum, sees e.GO as an important new pillar for business diversification, since we have been developing the electromobility market in the country for several years, so when the idea of bringing the European company, saw it as the opportunity to achieve this goal.
“We will be part of a true success story of German engineering and environmentally friendly electric mobility construction quality. This agreement with e.GO is an important milestone to further expand our business in the automotive and electric mobility sector ”, he stated.
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