Marketplace has a new podcast for kids, "Million Bazillion!" EPISODE OUT NOW

Mexican entrepreneurs set their sights on electric cars

Rodrigo Cervantes Aug 26, 2019
HTML EMBED:
COPY
Leopoldo “Polo” Ortiz Sr., Leopoldo Ortiz Jr. and Eduardo Machado Ortiz with the Thalía car prototype. Rodrigo Cervantes

Mexican entrepreneurs set their sights on electric cars

Rodrigo Cervantes Aug 26, 2019
Leopoldo “Polo” Ortiz Sr., Leopoldo Ortiz Jr. and Eduardo Machado Ortiz with the Thalía car prototype. Rodrigo Cervantes
HTML EMBED:
COPY

In a bid to revitalize the auto industry in Mexico, some Mexican entrepreneurs want to get into the electric car business using all-Mexican talent and components.

They hope to put Mexico on the map not only for manufacturing vehicles, but also for designing them. The idea is to spark a new auto industry in Mexico, one less dependent on foreign trade.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.