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US Companies Announce US$500 Million EV Charging Investment

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A US$500 million investment by Invisible Urban Charging Inc. and ATX Smart Mobility aims to deploy EV charging infrastructure and electric bus fleets across central Mexico, with Querétaro serving as the operational hub for expansion across the Bajío and major urban markets including Mexico City. The project targets commercial fleet electrification to address Mexico’s limited charging infrastructure and accelerate adoption of electric mobility in public transportation and industrial corridors. The initiative reflects growing private investment in Mexico’s EV ecosystem alongside infrastructure expansion by companies such as VEMO and charging software providers like Enerlink.

Two US-based companies have announced a US$500 million investment plan to expand electric vehicle charging infrastructure in central Mexico, a project aimed at strengthening public transport electrification and accelerating the country’s transition toward electric mobility. The initiative will be led by Invisible Urban Charging Inc. (IUC) and ATX Smart Mobility, which plan to deploy 38 charging stations and 140 electric buses across the Bajio region in the coming months.

Two US-based companies have announced a US$500 million investment plan to expand electric vehicle charging infrastructure in central Mexico, a project aimed at strengthening public transport electrification and accelerating the country’s transition toward electric mobility. The initiative will be led by Invisible Urban Charging Inc. (IUC) and ATX Smart Mobility, which plan to deploy 38 charging stations and 140 electric buses across the Bajio region in the coming months.

As part of the first phase, the project will concentrate on the Bajio region, one of Mexico’s most dynamic industrial corridors. Queretaro has been selected as the operational hub for the initial rollout of charging infrastructure and electric transport systems. Beyond the Bajio, the companies plan to expand the charging network across several major urban and industrial centers in central Mexico. Target locations include: Mexico City, State of Mexico, Puebla and Queretaro.

These regions were selected due to their high density of industrial activity and public transportation demand, factors that help accelerate the utilization of charging infrastructure and support fleet electrification.


Post time: Mar-16-2026