Navistar to produce Latin America’s 1st electric truck in Monterrey
Monterrey takes the lead in the race to become Mexico’s electromobility hub.
Navistar, a leading manufacturer of trucks through its brand ‘International’, announced the production of Latin America’s 1st fully electric truck at its facility in Monterrey, Nuevo Leon, Mexico, their largest in the world.
The eMV (Electric MV International) truck incorporates the latest electric vehicle technology such as a 335 horsepower direct-acting electric motor and a high-voltage battery with a capacity of 210 kilowatts, providing a range of 216 kilometers when fully charged.
The unit’s unveiling was led by Navistar executives, including Bernardo Valenzuela, President of Navistar Global and Mexico Operations, and state government officials such as Samuel García, Governor of Nuevo Leon, and Iván Rivas, Minister of Economy of Nuevo Leon.
“(…) We will soon be manufacturing 50 trucks per month,” said Valenzuela, “The pace of electrification has a long-term trend.”
For this project, the Illinois-based company has invested $39 million dollars in the last three years, totaling $462 million dollars since its arrival in Monterrey in 1998. The expansion will also create 750 new jobs that will add to the company’s current 6,200 employees in the city.
Bernardo Valenzuela said that the company decided to produce this type of truck at their Monterrey facility because “we have a long-term investment in Mexico, with the talent and technology needed to develop world-class equipment.”
Monterrey has become Mexico’s electromobility hub, with multiple international companies announcing production projects for EVs, like ZF Group, Faurecia, Coficab, AGP, Quanta, Yanfeng, and Brembo, among many others.
Nuevo Leon leads the country in Foreign Direct Investment, attracting 20% of Mexico’s total in the 2nd quarter of 2022.