Mexico Just Showed Off a New Extremely Cheap, Government-Backed EV
Summary
Gizmodo reports that Mexico unveiled a low-cost, government-backed electric vehicle called the Olinia Uno, intended for urban use with a 77-mile range and a target price around 150,000 MXN (~$8,500). The project is part of Plan México, aiming to spur local manufacturing and expand the economy, with goals for 2,000 charging stations and higher domestic-material content over time. The piece also discusses potential cross-border implications with the US and tariffs, framing the announcement within broader North American EV competition.