Daewoo to Build CNG Buses in Mexico
25 March 2014
www.chinabuses.org: Korean bus manufacturer Daewoo will enter fully into the Mexican market with plans to build a production plant in Ciudad Sahagún, Hidalgo, located approx. 92 kms northeast of Mexico City. According to a report published by Automotive Mexico, Daewoo has partnered with American Coach de México (AMC) and the Hidalgo plant will be built adjacent to AMC’s existing facilities.
Deawoo bus BS120CN low floor city bus
The plant is planned to go into operation in 2015 following a reported investment of USD 30 million by Daewoo. Occupying 6 hectares, the plant will initially employ 180 workers on the production line and about 15 managerial staff.
Daewoo Mexico will bring its expertise in the manufacture of Compressed Natural Gas (CNG) buses to Mexico, looking to capture market share in the Country’s growing adoption of natural gas fuelled public transportation vehicles.
Target is to sell 300 units in the first year, by betting on an urban bus being powered by a compressed natural gas engine. Daewoo claims to have a wealth of experience in natural gas.
Source : www.chinabuses.org
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