Business model: (1) single private operator; (2) dual private actor; (3) public ownership, private operation; (4) fully public operator
Business model typology
Fully public operator
Public ownership, private operation
Dual private actor
Dual private actor
Publication year of the procurement process
Year
2025
2024
2019
2025
Institution responsible for issuing the procurement process.
Issuing authority
Servicio de Transportes Eléctricos (STE)
Urbanizadora Municipal S.A. (Urbam)
DTPM + Ministry of Transport and Telecommunications
DTPM + Ministry of Transport and Telecommunications
How the procurement defines or requires the inclusion of electric vehicles (e.g., percentage of total fleet, categories affected)
Electric requirement
#603
—
#441
All vehicles must be electric
#203
—
#201
—
Warranty requirements for vehicles, batteries, or systems when disclosed.
Warranty requirements
#603
1 year for vehicle; 8 years for battery; other components vary
#441
Bid-defined warranty
#203
Not applicable (operation contract)
#201
Not applicable (operation contract)
Main source of CAPEX payment or revenue in the contractual arrangement.
CAPEX payment or revenue source
#603
Public budget (government-funded procurement)
#441
Public remuneration per: vehicle leasing; vehicle maintenance
#203
Public remuneration per: kilometer travelled; passenger transported. If needed, additional remuneration for terminal improvements and additional charging infrastructure
#201
System-financed through fleet provision contract
CAPEX payment or revenue values and units disclosed in the procurement.
CAPEX payment or revenue values
#603
Not publicly available
#441
Monthly rental cost per vehicle: Category A – BRL 31,874.52 (≈ USD 5,897.02); Category B – BRL 37,657.45 (≈ USD 6,966.90); Category C – BRL 56,018.98 (≈ USD 10,363.91). (Exchange rate as of 01 Oct 2025)
#203
Not publicly available
#201
Not publicly available
How residual value risk of assets is allocated among stakeholders.
Asset residual value risk allocation*
#603
Public
#441
Leasing company (inferred)
#203
Private fleet provider (inferred)
#201
Private fleet provider (inferred)
How battery degradation risk is allocated among stakeholders.
Battery degradation risk allocation*
#603
Manufacturer / public authority (shared)
#441
Leasing company (inferred)
#203
Private fleet provider (inferred)
#201
Private fleet provider (inferred)
Primary source of financing for the fleet or infrastructure investments.
Source of financing*
#603
Public
#441
Public authority (inferred)
#203
Operator (inferred)
#201
Operator (inferred)
Currency denomination and risk-sharing structure for payments or contracts.
Currency exposure structure*
#603
Not specified (likely local currency – MXN)
#441
Not publicly available
#203
Mixed currency structure (CLP, UF and USD allowed with conversion mechanisms)
How the procurement defines or requires the inclusion of electric vehicles (e.g., percentage of total fleet, categories affected)
Electric requirement
—
All vehicles must be electric
—
—
Warranty requirements for vehicles, batteries, or systems when disclosed.
Warranty requirements
1 year for vehicle; 8 years for battery; other components vary
Bid-defined warranty
Not applicable (operation contract)
Not applicable (operation contract)
Main source of CAPEX payment or revenue in the contractual arrangement.
CAPEX payment or revenue source
Public budget (government-funded procurement)
Public remuneration per: vehicle leasing; vehicle maintenance
Public remuneration per: kilometer travelled; passenger transported. If needed, additional remuneration for terminal improvements and additional charging infrastructure
System-financed through fleet provision contract
CAPEX payment or revenue values and units disclosed in the procurement.
CAPEX payment or revenue values
Not publicly available
Monthly rental cost per vehicle: Category A – BRL 31,874.52 (≈ USD 5,897.02); Category B – BRL 37,657.45 (≈ USD 6,966.90); Category C – BRL 56,018.98 (≈ USD 10,363.91). (Exchange rate as of 01 Oct 2025)
Not publicly available
Not publicly available
How residual value risk of assets is allocated among stakeholders.
Asset residual value risk allocation*
Public
Leasing company (inferred)
Private fleet provider (inferred)
Private fleet provider (inferred)
How battery degradation risk is allocated among stakeholders.
Battery degradation risk allocation*
Manufacturer / public authority (shared)
Leasing company (inferred)
Private fleet provider (inferred)
Private fleet provider (inferred)
Primary source of financing for the fleet or infrastructure investments.
Source of financing*
Public
Public authority (inferred)
Operator (inferred)
Operator (inferred)
Currency denomination and risk-sharing structure for payments or contracts.
Currency exposure structure*
Not specified (likely local currency – MXN)
Not publicly available
Mixed currency structure (CLP, UF and USD allowed with conversion mechanisms)
Not publicly available
OPEX & Operational Structure
Country name
Country
#603
México
#441
Brazil
#203
Chile
#201
Chile
City or metropolitan region where the procurement process applies.
City / Region
#603
Mexico City
#441
São José dos Campos
#203
Santiago
#201
Santiago
Main source of OPEX payment or revenue in the contractual arrangement.
OPEX payment or revenue source
#603
Public remuneration per: vehicle acquisition
#441
Public remuneration per: vehicle maintenance
#203
Payment per km operated (system)
#201
Payment per km operated (system)
OPEX payment or revenue values and units disclosed in the procurement.
OPEX payment or revenue values
#603
Unspecified; defined by bidders as part of their economic proposal; final cost of procurement not yet disclosed
#441
Monthly maintenance cost per vehicle: Category A – BRL 4,462.43 (≈ USD 825.58); Category B – BRL 4,895.47 (≈ USD 905.70); Category C – BRL 6,722.28 (≈ USD 1,243.67). (Exchange rate as of 01 Oct 2025)
#203
Maximum reference remuneration of CLP 1,260 per km (diesel) and CLP 950 per km (electric); CLP 150 per passenger
#201
Maximum reference remuneration of CLP 2,350 (≈ USD 2.47, as of 01 Oct 2025) per km operated by diesel buses and CLP 1,850 (≈ USD 1.94) per km by electric buses; fixed remuneration of CLP 200 (≈ USD 0.21) per passenger transported
Requirement for air conditioning in the vehicles, if specified
Air conditioning requirement
#603
Not required
#441
Required
#203
Not required
#201
Required for new buses
Minimum technical requirements for batteries and charging systems: autonomy, charging time, and charging type (slow, opportunity)
Battery charging specifications
#603
Minimum autonomy of 70 kilometers
#441
Minimum autonomy of 220 kilometers for Category A, 210 kilometers for Category B, and 200 kilometers for Category C vehicles
#203
Unspecified; specifications defined in fleet provision procurement
#201
200 km / 50 km; 3h / 9 min
How energy price risk is allocated among stakeholders.
Energy price risk allocation*
#603
Public authority (as operator and energy purchaser)
#441
Not publicly available
#203
Operator bears energy price risk (not explicitly specified; inferred from model structure)
#201
Operator bears energy price risk (not explicitly specified; inferred from model structure)
Charging model adopted in the procurement (e.g., depot charging, opportunity charging).
Charging model type*
#603
Not publicly disclosed
#441
Not publicly available
#203
Operator / supplier-led charging model (infrastructure proposed by bidders and installed in public terminals; compensated via dedicated payment component)
#201
Fleet provider-led charging model (infrastructure installed by fleet provider; system may finance upgrades)
City or metropolitan region where the procurement process applies.
City / Region
Mexico City
São José dos Campos
Santiago
Santiago
Main source of OPEX payment or revenue in the contractual arrangement.
OPEX payment or revenue source
Public remuneration per: vehicle acquisition
Public remuneration per: vehicle maintenance
Payment per km operated (system)
Payment per km operated (system)
OPEX payment or revenue values and units disclosed in the procurement.
OPEX payment or revenue values
Unspecified; defined by bidders as part of their economic proposal; final cost of procurement not yet disclosed
Monthly maintenance cost per vehicle: Category A – BRL 4,462.43 (≈ USD 825.58); Category B – BRL 4,895.47 (≈ USD 905.70); Category C – BRL 6,722.28 (≈ USD 1,243.67). (Exchange rate as of 01 Oct 2025)
Maximum reference remuneration of CLP 1,260 per km (diesel) and CLP 950 per km (electric); CLP 150 per passenger
Maximum reference remuneration of CLP 2,350 (≈ USD 2.47, as of 01 Oct 2025) per km operated by diesel buses and CLP 1,850 (≈ USD 1.94) per km by electric buses; fixed remuneration of CLP 200 (≈ USD 0.21) per passenger transported
Requirement for air conditioning in the vehicles, if specified
Air conditioning requirement
Not required
Required
Not required
Required for new buses
Minimum technical requirements for batteries and charging systems: autonomy, charging time, and charging type (slow, opportunity)
Battery charging specifications
Minimum autonomy of 70 kilometers
Minimum autonomy of 220 kilometers for Category A, 210 kilometers for Category B, and 200 kilometers for Category C vehicles
Unspecified; specifications defined in fleet provision procurement
200 km / 50 km; 3h / 9 min
How energy price risk is allocated among stakeholders.
Energy price risk allocation*
Public authority (as operator and energy purchaser)
Not publicly available
Operator bears energy price risk (not explicitly specified; inferred from model structure)
Operator bears energy price risk (not explicitly specified; inferred from model structure)
Charging model adopted in the procurement (e.g., depot charging, opportunity charging).
Charging model type*
Not publicly disclosed
Not publicly available
Operator / supplier-led charging model (infrastructure proposed by bidders and installed in public terminals; compensated via dedicated payment component)
Fleet provider-led charging model (infrastructure installed by fleet provider; system may finance upgrades)