Vemo secures 500 million pesos financing from BEEL for EV charging network expansion
Vemo aims to enhance Mexico's public EV charging infrastructure with a 12-year financing deal from BEEL, supporting national electric mobility growth
VEMO, a company based in Mexico, has secured a significant MXN $500 million (around $27 million) financing from BEEL to expand its electric vehicle (EV) charging network across the country. This financing, which will last for 12 years, is intended to enhance the VEMO Charging Network (VCN), the most robust public EV charging network in Mexico. The investment marks a significant milestone for VEMO, reinforcing its position in clean mobility infrastructure and supporting nationwide electric mobility.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
