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Chevy Equinox EV Is Mexico’s Most-Produced Electric Vehicle

With increasing production and consumer demand since the start of deliveries of the model in North America in mid-May, the all-new Chevy Equinox EV is currently the most-produced electric vehicle in Mexico.

Front three-quarters view of the 2024 Chevy Equinox EV for Mexico.

The latest local vehicle production report reveals that the new Chevy Equinox EV is the most produced electric car in Mexico, consolidating the leadership of Chevrolet‘s zero-emission compact crossover in the manufacture of all-electric vehicles in the Latin American country. In fact, the Equinox EV has led production within its category for two consecutive months and continues to increase its volume as it launches in more countries.

According to figures published by Vanguardia, the Chevy Equinox EV remains the most-produced zero-emission vehicle in Mexico with 35,082 units built from January 1st to August 31st. The model continues to lead with an advantage of 1,680 units produced compared to the 33,402 units of the Ford Mustang Mach-E. The Equinox EV actually doubled its lead in August after surpassing the Mach-E by 824 units built through July 31st.

Electric Vehicle Production in Mexico - August 2024
Model Month Year-to-date
Chevy Equinox EV 6,891 35,082
Ford Mustang Mach-E 6,035 33,402
Honda Prologue 4,583 27,895
Chevy Blazer EV 2,410 26,683

Although the Mexican media did not mention the Chevy Equinox EV’s production number for the month, the total volume accumulated in the first eight months compared to that at the end of July (28,191) allows us to deduce that exactly 6,891 units of the model were produced in August at the GM Ramos Arizpe plant. The Equinox EV also surpassed Ford’s electric crossover, of which 6,035 units were produced during the month.

The Chevy Equinox EV’s production lead in Mexico over the past two months confirms the gradual increase in the model’s manufacturing volume in that country, which officially started at the beginning of February as GM Authority exclusively reported. Since then, the Mexican plant has been increasing the model’s manufacturing pace to support its launch in the U.S. market, as well as its subsequent arrival at dealerships in Canada and Mexico.

Additionally, the Chevy Equinox EV also became Mexico’s most exported electric vehicle with 31,568 shipments abroad through the end of August. The model displaced the Mustang Mach-E produced at Ford’s Cuautitlán complex, which accumulated 29,318 exports in the first eight months of the year. Production of the Equinox EV is expected to continue increasing in Mexico over the coming months as the nameplate expands its range in North America and is launched in more international markets.

Deivis is an engineer with a passion for cars and the global auto business. He is constantly investigating about GM's future products.

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Comments

  1. Realist

    We own EVs…
    Not haters at all…
    GM losses money on them. Big money. Even when they are built in “Filthy, non-green” Mexico with dirt cheap labor and sweetheart Tax deals…
    I guess the UAW bosses got some big checks to allow all these jobs to leave the US.
    The all-EV transition by 2030 was an obvious lie from the beginning but it’s honestly looking like it will never happen. Trade-in values for EVs are hilariously low. A 2022 Bolt EUV has a Trade-in value of 10,500! It’s basically worthless at this time. Teslas lose 40% of their value in a year…
    A Camry with fabric seats and a crap 4 cylinder is worth more in 1 year. lol

    Reply
    1. imanjunk

      And you know all those facts how…regarding the directe production location part?

      Reply
    2. Econ 101

      Yes, I’ve got an EV that lost 1/2 its value in 1 year but things will even out eventually. People buying EV’s love them and want more of the latest technology, which is just better in every way to gas vehicles, except one; potential range. So as people that can afford them buy more EV’s, the used market gets some pretty high dollar vehicles as trade-in’s, but the used market is driven more by people that may not have a charging location at home. So the supply will keep growing and the prices will stay low until the charging availability grows in housing without garages and more people with garages seek out the lower cost used EV’s (I almost bought a used copy of one I already have to get rid of the remaining gas car). New technology always has a high price, and since EV ranges are up to around 300 miles now the number of people fearing being stuck without a way to charge will decrease (the fear mongering driving this emotion should also decrease as knowledge and education overcomes the anti-EV propaganda). These more capable vehicles will soon be hitting the used market giving the volume of EV adopters a big boost driving the used market prices back up. It all just takes time. The technology will keep getting better, the manufacturers will decrease the cost to produce (and hopefully not try to keep too much to recoup their development costs, instead choosing to boost sales volume with lower prices) bringing better EV’s down in price. Eventually EV’s will just be appliances and buying one will be a choice like the one you make when a new phone model comes out.

      Reply
      1. GM Owner

        Deivis,

        I believe you do understand Spanish, since you did read the “Vanguardia” article, but you missed the line where they also reported 39 assembled Cadillac Optiq vehicles at the same plant. So by next month please add the Optiq in this article as many are waiting for the baby electric Cadillac to arrive.

        Reply
        1. G

          Thanks for the diligence.

          Reply
      2. TMI

        EV buyers love them? Is that why a good 30% of them are planning on going back to ICE next time?

        Better every way to ICE except range? Haha. Lets break that down shall we? Fuel up/charge time – ICE, repair costs – ICE, Depreciation – ICE, Charging/fuel locations – ICE, Weight – ICE, long term range/cost (ie battery degradation) – ICE; that is just a few of many.

        EV’s are making headway, but we are a LONG TIME off from them being the top choice and easily adapted.

        Reply
        1. Bill Howland

          TMI – my family has 3 electrics : Bolt EV, Bolt EUV and a Caddy LYRIQ..

          No infrastructure changes since I made very minimal additions to my home 12 years ago when I bought my first VOLT and Tesla Roadster – which also happen to run intermittently my huge hot tub and a 5hp electric pressure washer, and a home-made 220 volt 5 hp dual stage electric snow blower.

          Since essentially everything that needs heat in my home runs on natural gas (1/4th the cost of electricity currently – including hot tub heating), and since I intelligently use my smallish central air conditioner, my electric bills are lower BY FAR than friends who have only 100% ICE vehicles but complain about their bills.

          Electrics don’t work for everyone, however there are far more people who would find life is easier for them with electric vehicles. Low – medium mileage drivers can get by with plugging into an existing 110 volt garage or carport receptacle.

          As far as those who want to totally avoid them now, they are almost all TESLA owners having regretted their purchase…My ROADSTER from 13 years ago was by far the best TESLA – they got worse afterwards – but then at the start LOTUS made most of the car.

          My Nephew rented a HERTZ – Tesla model 3 just to try it out. Closest car to a Soap Box Derby vehicle I’ve ever driven, and I JUST KNOW I would never get used to that overgrown Cell Phone in the middle which substitutes for an entire dashboard.

          GM also does their usual goofy things, but in my vehicles at least they are tolerable…

          Reply
    3. Bruce

      I really wish I was as wealthy as you are to consider a fungible asset worth $10k “basically worthless”. If you are wealthy enough to consider $10k pocket change, shouldn’t you be enjoying your wealthy lifestyle on your private island while using $100 dollar bills to light your cigars?

      Reply
    4. Buick City

      It also makes a slightly used EV one of the best bang-for-your-buck values in the car market. I’ve said it many times before and I’ll say it again, my used ’23 Bolt EUV literally pays for itself (and then some) in the fuel savings alone. Yes, I understand electricity isn’t free, that includes factoring in ALL charging & home infastructure upgrade costs.

      Reply
  2. Dan

    GM’s goal is to be variable cost profitable on their EV lineup by the 4th quarter.

    Reply
  3. Sean Sr.

    Would someone explain to me why, when I click on either a “thumbs up” or “thumbs down”for a person’s comment the tally for that person’s comment always goes to zero. I feel bad about this because the person then gets the feeling that no one took the time to comment one way or the other.

    Reply
    1. meh

      It’s a bug it happens to me all the time, however later on they show up again.

      Reply

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