Spanish startup Lupa will have a factory in Uruguay

Lupa, the Spanish startup, has announced that it will have one of its electric vehicle factories in Uruguay.

The first two models to be produced will be the five-door compact (Lupa E26) and the van focused on the last mile distribution (Lupa E66). Later an SUV, the E137, will follow.

This factory will distribute throughout Latin America, focusing especially on all the member countries of the Southern Common Market, Mercosur.

With this arrival, Uruguay is at the forefront of electric and sustainable mobility and is also one of the few countries in the world together with Iceland, Costa Rica and Norway that supplies 100% with renewable sources, even exporting energy to Argentina.

The factory will start producing and delivering the first models in 2024 and will have a capacity of 20,000 vehicles per year. It will be a carbon neutral plant from the start, resource friendly, connected and flexible.

“We are very happy with this agreement. Latin America is a market in full development and growth. It’s a big challenge, but we’re going to have the best vehicles at value for money and we want to get to everybody soon.”

Magnifier will be characterized by selling your vehicles with and without battery. Something that will allow the customer to change model while maintaining their own battery, which will result in savings in the purchase of the new vehicle.