Electric vehicle belonging to the Chinese Company Tianjin Dongxing Industrial Group Co.Ltd, assembled in Cuba.

Photo: Omara García Mederos/ACN.

The number of electric motorcycles and tricycles assembled and produced in Cuba between 2020 and 2022 rises to 23,361

, with the possibility of increasing these highly demanded productions in the population as an alternative or solution to the difficulties with public transport, it was announced today. In the Habana.

During a visit to the International Economic Association (AEI) Vehiculos Eléctricos del Caribe Vedca (Minerva), to learn about the potential of the iron and steel industry,

Alejandro Gil Fernández, Vice Prime Minister and Minister of Economy and Planning (MEP), learned that

the installed production capacities make it possible to achieve 39 thousand units per year

.

Eloy Álvarez Martínez, Minister of Industry, and Reynaldo Luis González, president of the GESIME Business Group, specified that some 17,024 motorcycles

and six thousand 337 tricycles, and additionally in 2022, 529 children's vehicles were offered

.

Electric motorcycle assembly line, at the headquarters of the Caribbean Electric Vehicles International Economic Association (VEDCA), in Havana, Cuba, on February 25, 2023. ACN Photo: Omara García Mederos/ACN.

But

these productions are the result of barely 20% of the installed capacities in the three entities dedicated to assembly and manufacturing

: the companies Ángel Villareal Bravo (Minerva, in Villa Clara) and Aplicaciones Narciso López Roselló, in the capital, and the AEI Vehicles Eléctricos del Caribe Vedca (Minerva), in Boyeros.

It was learned that

this is the first international economic association existing in Cuba with the People's Republic of China from a contract with the Tianjin Dongxing Industrial group

, whose representative in Havana, Yunpu Wei, assured Alejandro Gil of the interest in expanding the business with the largest of the Antilles.

Julio Oscar Pérez Pérez, director of Vedca, reported that with the cooperation of that firm from the Asian giant

they plan to manufacture new models, for example, quadricycles, to which the vice prime minister stressed that as long as there is demand there can be no limits on the levels of delivery of these means of mobility

.

Electric motorcycle assembly line, at the headquarters of the Caribbean Electric Vehicles International Economic Association (VEDCA), in Havana, Cuba, on February 25, 2023. ACN Photo: Omara García Mederos/ACN.

If we have the installed capacity and the workforce, the MEP headlined, then for the expansion of new technological lines it would be necessary to study the possible sources of financing that can be through sales in MLC, with whose liquidity the supplies are paid , exports and the centralized allocation of foreign currency, which includes access to the foreign exchange market.

Alejandro Gil insisted on the quality, design and prices of electric vehicles, as well as on the guarantee of parts, batteries and tires, on post-sale services, but above all on keeping their assembly and manufacturing stable and growing for the sake of permanent presence in the market and thereby avoid hoarding and reselling

.

He opined that the fact that such

equipment is highly competitive

will allow many people not to have to import it, when verifying that it is more economical or feasible to buy it in Cuba, where as part of the financial sanitation measures, it is not ruled out offering them in national currency either.

Young people work on the electric motorcycle assembly line, at the headquarters of the Caribbean Electric Vehicles International Economic Association (VEDCA), in Havana, Cuba, on February 25, 2023. Photo: Omara García Mederos/ACN.

Electric tricycle belonging to the Chinese Company Tianjin Dongxing Industrial Group Co.Ltd, assembled in Cuba, at the headquarters of the Caribbean Electric Vehicles International Economic Association (VEDCA), supplier of parts and pieces, in association with specialized workshops and with guarantee of sales, in Havana, Cuba, on February 25, 2023. Photo: Omara García Mederos/ACN.

Electric bicycles belonging to the Chinese Company Tianjin Dongxing Industrial Group Co.Ltd, assembled in Cuba, at the headquarters of the Caribbean Electric Vehicles International Economic Association (VEDCA), supplier of parts and pieces, in association with specialized workshops and with guarantee of sales, in Havana, Cuba, on February 25, 2023. Photo: Omara García Mederos/ACN.

Electric bicycles belonging to the Chinese Company Tianjin Dongxing Industrial Group Co.Ltd, assembled in Cuba, at the headquarters of the Caribbean Electric Vehicles International Economic Association (VEDCA), supplier of parts and pieces, in association with specialized workshops and with guarantee of sales, in Havana, Cuba, on February 25, 2023. Photo: Omara García Mederos/ACN.

(Taken from ACN)