Designed by Giant Motors, the made-in-Mexico electric vehicle will be manufactured through a collaboration with Moldex, a subsidiary of the world's largest bakery, Bimbo, and Tec de Monterrey (Photo: Banderas News)
The sale of battery-powered vehicles (BEV) and plug-in hybrid vehicles (PHEV) in Latin America is constantly growing.
(MEXICO – STATISTA).- According to data from Statista Mobility Market Outlook, Mexico is the largest market in the entire region with more than 4,500 new units sold in 2021 alone. For this year, sales in our country are expected to be close to 6,000 units. While by 2026 sales volumes would be close to 19,000.
The segment of electric or hybrid cars continues to be a minority in the region. For example, in the Mexican and Chilean markets, these vehicles represent less than 10% of total private car purchases, Statista estimates for 2022.
The high price of the models is one of the reasons for the low adoption of this new technology in the region, since most are imported from high-income economies and the incipient level of development of the charging infrastructure.
Around 3,000 electric charging stations would be available in 2022 in Mexico. In contrast, in Argentina, this number is around 200 stations. Paradoxically, the region contributes a large part of the metals needed for the production of these cars in the world, such as lithium and copper.
TYT Newsroom
more recommended stories
AMLO confirmed U.S Treasury Secretary Janet Yellen will visit MexicoU.S. Treasury Secretary Janet Yellen will.
-
Trump calls on supporters to ‘guard the vote’
CEDAR RAPIDS, Iowa (Reuters) –Donald Trump,.
-
Influx of people increases in Downtown Merida
The holiday season has just begun.
-
Kanasin Christmas Tree lighting brings together 6 thousand people
Hundreds of families in Kanasín witnessed.
-
Hundreds of Progreso families spent a special evening
On Friday, Dec. 1st, hundreds of.
-
Chagas disease is being detected with A.I.
Scientists from the Autonomous University of.
-
Man stabbed to death by “fellow partygoer” in Merida
A Saturday get together “among friends”.
-
Bird watchers report harassment by agents of the National Guard
The Colectivo Los Cardenales, a bird-watching.
-
Yucatán registers low historic figures in terms of unemployment
During the first nine months of.
-
Maya indigenous people suffer employment and educational discrimination in Yucatán
The indigenous population of Yucatán, with.
@yucatantimes Este miércoles en la gaceta semanal del The Yucatan Times: #TheYucatanTimes #Merida #Yucatan #Mexico🇲🇽 #ExpatsinMexico #WeeklyGazette ♬ sonido original - The Yucatan Times
Mexico is leading the electric car sales market in Latin America, with more and more consumers turning to electric vehicles as a sustainable and cost-effective transportation option. According to recent reports, electric car sales in Mexico have seen a significant increase in recent years, outpacing sales in other countries in the region.
One of the reasons for this increase in sales is the Mexican government’s commitment to promoting sustainable transportation. The government has implemented various incentives and subsidies to encourage the adoption of electric cars, including tax breaks and grants for the purchase of electric vehicles. Additionally, the government has also invested in the development of charging infrastructure to support the growth of electric cars on the roads.
Another reason for the growth of electric car sales in Mexico is the increasing availability of affordable electric car models. Many car manufacturers have recognized the potential of the Mexican market and are now offering electric cars at competitive prices.
This trend is also reflected in the online platforms like https://sca.auction/locations/branch-ca-los-angeles-134, which specializes in car auctions, it’s also seen a growing number of electric car models being auctioned off by government agencies and financial institutions.