Colombia EV Sales Report: EVs Grow 159% YoY, Reach Record 8.5% Market Share in December!

Credit to Author: Juan Diego Celemín Mojica| Date: Wed, 15 Jan 2025 23:12:50 +0000

After years of EVs being priced well above their thermal competition, the arrival of a veritable armada of competitively priced EVs in Colombia (most, but not all, being Chinese) has resulted in the obvious consequence: people are buying them in droves. Record after record has been placed since October, with … [continued]

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As Gogoro Expands in Latin America, Executive Changes Come in Taiwan

Credit to Author: Raymond Tribdino| Date: Thu, 19 Dec 2024 03:19:33 +0000

Latin America is Gogoro CEO Horace Luke’s last official function After opening shop in Bogota, Colombia, last May, Gogoro launched in Santiago, Chile, just last month. In both instances, the battery swapping and smartscooter company inked deals with fuel and lubricant companies — Tepel in Colombia and Copec in Chile. … [continued]

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EV Sales Report: LatAm’s Laggards & Smaller Markets (Argentina, Peru, Ecuador, Panama, & El Salvador)

Credit to Author: Juan Diego Celemín Mojica| Date: Thu, 12 Dec 2024 22:50:32 +0000

Whilst Latin America’s largest vehicle markets have been undergoing significant EV growth (we can already predict Brazil’s plug-in market share will surpass 5% in 2024 and Mexico’s will be above 2%) and several minor markets are showing meteoric growth (Costa Rica, Uruguay, and Colombia), this does not mean the entire … [continued]

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It’s Leapfrog Time For EVs In Smaller Auto Markets

Credit to Author: Zachary Shahan| Date: Tue, 12 Nov 2024 21:21:49 +0000

Juan Diego Celemín Mojica just explained this well himself, but it was perhaps hidden a little bit under a headline about Colombia and various other details. This point is one that I’ve been waiting for, and we’ve seen the market building toward this with the expansion of BYD into more … [continued]

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Colombia EV Sales Report: 1000 Sales Surpassed in October, Country Reaches 6.4% EV Market Share!

Credit to Author: Juan Diego Celemín Mojica| Date: Mon, 11 Nov 2024 22:29:33 +0000

Colombia’s EV market is booming. As I said a couple months ago, we’re not only seeing significant YoY (year over year) growth (as we are in several other markets, including Costa Rica, Uruguay, Mexico, and Brazil), but we’re also looking at “bursts” of demand that lead to significant MoM (month … [continued]

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