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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Present & Future of EV Manufacturing in Latin America: A Brief Overview

Credit to Author: Juan Diego Celemín Mojica| Date: Sat, 14 Sep 2024 14:54:23 +0000

Any of our readers who have been following my reports know that Latin America’s EV sales are rising. In some countries, they may not be growing as fast as we would wish; in others, they’re faster than we ever expected; but the trend remains clear regardless. Latin America’s* market amounts … [continued]

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Colombia EV Sales Report: 240% Growth Brings the Country Back onto the Regional Podium! 

Credit to Author: Juan Diego Celemín Mojica| Date: Sat, 24 Aug 2024 02:31:02 +0000

Before November 2023, Colombia had been a consistent member of the podium in Latin America as far as EV adoption goes. That month the position got snatched by Brazil thanks to the lowering of the BYD Dolphin’s price and, later, the arrival of a more affordable BYD Dolphin Mini (BYD … [continued]

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BMW Group Mexico Invests in EV Charging in Mexico

Credit to Author: Press Release| Date: Thu, 15 Aug 2024 16:20:13 +0000

 144 new chargers will be installed in premium locations throughout Mexico. Customers in Mexico who choose to purchase a BMW i4 will earn energy credits for charging without charge. Mexico City — BMW Group Mexico, with the aim of continuing to promote electric mobility in Mexico, has consolidated a new … [continued]

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The $25,000 EV Is Here: BYD Yuan Up Announced in Colombia for $25,700

Credit to Author: Juan Diego Celemín Mojica| Date: Thu, 01 Aug 2024 13:14:33 +0000

Through the last days of July, a new arrival has been quietly transforming the EV landscape in Latin America: the BYD Yuan Up. Its silent appearance has happened so far in Chile and Colombia (that I could verify), and it has the potential to revolutionize the market of either country … [continued]

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YouTube Video Indicates Chevrolet May Be Reviving the Chevy Spark EV in Latin America

Credit to Author: Juan Diego Celemín Mojica| Date: Tue, 09 Jul 2024 20:42:34 +0000

The Chevrolet Spark was Chevrolet’s smallest, most affordable model; the Spark EV was its underpowered EV version, built to comply with California’s regulations. Both are relics of a forgotten time: one, from when GM was still interested in making cheap basic cars; the other, from when EV sales were a … [continued]

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