Business · Companies · 3 hrs ago

Waldo’s sells Chinese-made electric vehicles under its Kiwo brand

Waldo’s sells Chinese-made electric vehicles under its Kiwo brand

Kiwo is the mobility brand of Waldo’s, a Mexican retail chain, and sells vehicles made in China.

Waldo’s does not manufacture the vehicles in Mexico.

Kiwo sells through Waldo’s stores, including its Waldo’s Motors format, and online.

Its products include electric cars, bicycles, motorcycles, cargo tricycles, recreational vehicles, accessories and spare parts.

The brand also has a distributor program in which sellers receive a commission and do not need to buy all stock in advance.

Kiwo is being compared with Olinia because both involve lower-cost electric vehicles for urban use, but they have different origins and business models.

Olinia is a Mexican government project, with production planned to start in 2027, while Kiwo is already selling vehicles in Mexico.

Sources

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