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The world is in a massive transformation phase, where digital solutions are being introduced in most of the key markets. The automotive industry is part of this transformation, launching new products, technologies, services, and interfaces. Automakers are no longer hardware makers, but evolving into technology companies. This new scenario is pushin...

Stringent emission regulations boost the growth of the emerging EV industry. Supply chain disruptions caused by COVID-19 and the Russo-Ukrainian war have led to a surge in commodity prices, which affected the global automotive value chain. In addition, economic sanctions between multiple countries have complicated the procurement of EV components;...

03 Dec 2019  |  Latin America  |  Market Research

Analysis of the Latin American Electric Vehicle Market, Forecast to 2025

More than 114.7 Thousand HEVs, 23.3 Thousand BEVs and 20.3 Thousand PHEVs to be Commercialized in 2025

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Key Issues Addressed

The years 2018–2019 represented an inflection point for the nascent Latin American market of electric vehicles (EVs). Local governments have incorporated into their agenda the notion of "electro-mobility"; utilities companies, amongst other players, are developing charging infrastructure projects across the region; and the number of xEV models made...