VEMO will invest 825 million pesos (mdp) in Monterrey during 2026, which will be allocated to financing initiatives for drivers of mobility platforms , expansion of its charging network, a workshop specialized in electric vehicles and battery energy storage systems (BESS) .
“Monterrey is a strategic location for scaling up electric mobility. We are expanding access to electric vehicles with a broader portfolio, so that more drivers can join with financing options that fit their needs,” said Aarón Sáenz, director of VEMO Impulso.
Through VEMO Impulso, the company’s fintech arm , drivers of mobility platforms will be able to access a lease-to-own solution, with the aim of promoting financial inclusion, expanding access to electric vehicles and enabling better conditions for building wealth.
Under this scenario and as part of the 2026 expansion plan in Monterrey, this segment projects a deployment of at least one thousand vehicles to serve light and premium segments.
In parallel, VEMO reaffirms its commitment to the city with a strategic investment to expand its public fast charging infrastructure.
It is currently developing four charging stations that will add up to 60 fast chargers (equivalent to 7.2 megawatts) and will allow for 120 simultaneous charging sessions, with operations expected to begin this year. Additionally, the company plans to develop another 270 charging points, with operations estimated to begin between 2026 and early 2027.
“Monterrey is a major strategic bet for us, being a pioneering city in electromobility in particular and innovation in general in Latin America, where having a robust and reliable public charging network is an enabler to continue accelerating the adoption of electric vehicles,” said Carlos Levy, director of VEMO Charging Network.
Regarding the specialized electric vehicle workshop, VEMO indicated that it will be certified by multiple manufacturers, with a surface area of 1,800 square meters (m²) and an operational maintenance capacity of up to 1,500 vehicles per month. Furthermore, the strategy incorporates integrated BESS systems at the charging stations to support their operation, thus promoting energy efficiency and operational resilience.
He specified that as part of his long-term vision, he plans to deploy approximately 23,000 connectors in his public and private network, and around 55,000 electric vehicles by 2030.
VEMO has raised over $500 million (USD) – $350 million in equity and $150 million in debt. Additionally, it plans to invest over $1.5 billion over the next five years to boost the clean mobility ecosystem in Mexico and Latin America.
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