Latin American Hybrid and Electric Vehicles Growth Opportunities

Latin American Hybrid and Electric Vehicles Growth Opportunities

Transformational Growth of Electric Vehicles due to Changing Regulations, OEM Strategies and Offers, Increasing Charging Infrastructure, and Varying Economic Situation of Latin America

RELEASE DATE
14-Feb-2022
REGION
Latin America
Research Code: K6C3-01-00-00-00
SKU: AU02293-LA-MT_26266
$4,950.00
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Description

This research service analyzes and provides growth forecasts for 2030 for the LATAM hybrid and electric vehicles market (PHEVs, HEVs, and BEVs). By 2030, the commercialization of approximately 1 million electrified vehicles is expected in LATAM, and the total electrified vehicles in operation will be about 5.4 million. Analyzing 2030 sales by technology, PHEVs will reach 405.2 thousand units, HEVs will reach 488.9 thousand units, and BEVs will reach 123.7 thousand units.

The study analyzes on the electrified market by technology, sales, parc, infrastructure, and regulations. The electrified vehicle market in Latin America is nascent in charging infrastructure, vehicle offerings, sales, and regulations. The market has experienced electrification initiatives in several segments, but the leadership in sales continues to be in light vehicles, which are part of the scope of this study.

Out of the several initiatives taken for charging infrastructure, governments are improving very few of them. Many companies are trying to understand what the recovery will look like after the worst moment of the COVID-19 pandemic to define new strategies and investments.

The countries of Latin America have very different regulations and market characteristics, so each country is at a different point in implementing technologies for mobility electrification. Some are focusing only on importing vehicles, from basic to luxury, while others are already seeing the opportunity for producing electric and hybrid vehicles, batteries, new technologies, alternative fuels, and increased charging infrastructure.

Key Features

The research is structured in 4 key sections:

  • Growth Opportunity Analysis of xEVs in Latin America: The section provides an overview of the LATAM market, including scope, segmentation, definitions, key trends, key competitors, market share by company, charging stations in public locations, infrastructure highlights, key associations, regulatory framework, key growth metrics, growth drivers, growth restraints, forecast assumptions, forecast by powertrain, technology, sales by country, sales vs. parc, and parc by technology.
  • Regional Trends: The section covers some of the key trends impacting electrification in LATAM.
  • Regional Spotlight Analysis: The section provides a detailed analysis of the countries that are part of this study in terms of forecast by powertrain, EV technology, sales vs. parc, parc by technology, regulatory framework, and key EV initiatives and future plans.
  • Growth Opportunity Universe: The section provides three growth opportunities for the EV market.

Table of Contents

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on Electric Vehicles

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Segmentation

Electric Vehicles Definitions—BEV, PHEV and HEV

Key Trends Impacting Electrification Adoption in the Region

Key Competitors

Charging Stations in Public Locations

EV Charging Infrastructure Highlights per Country

Key Associations Driving EV Discussions and Initiatives

Regulatory Framework Highlights

Key Growth Metrics

Growth Drivers

Growth Restraints

Forecast Assumptions

Light Vehicle Unit Shipment Forecast by Powertrain

Unit Shipment Forecast by Technology

Unit Shipment Forecast by Country

Unit Shipment vs. Parc Forecast

Parc Forecast by Technology

Unit Shipment Forecast Analysis

Unit Shipment Forecast Analysis (continued)

Competitive Environment

Market Share

Trend 1—Increase of Electric Bus Fleet

Trend 2—Local Production of Battery

Trend 3—Increase in EV Fleet

Trend 4—Local Production of Light Electric Vehicles

Trend 5—Offering of Electric LCVs and Trucks

Key Growth Metrics

Light Vehicle Unit Shipment Forecast by Powertrain

Unit Shipment Forecast by Technology

Unit Shipment vs. Parc Forecast

Parc Forecast by Technology

Regulatory Framework

Key EV Activities and Future Plans

Key Growth Metrics

Light Vehicle Unit Shipment Forecast by Powertrain

Unit Shipment Forecast by Technology

Unit Shipment vs. Parc Forecast

Parc Forecast by Technology

Regulatory Framework

Charging Infrastructure and Key EV Initiatives

Key Growth Metrics

Light Vehicle Unit Shipment Forecast by Powertrain

Unit Shipment Forecast by Technology

Unit Shipment vs. Parc Forecast

Parc Forecast by Technology

Regulatory Framework

Key EV Activities and Future Plans

Key Growth Metrics

Light Vehicle Unit Shipment Forecast by Powertrain

Unit Shipment Forecast by Technology

Unit Shipment vs. Parc Forecast

Parc Forecast by Technology

Regulatory Framework

Key EV Activities and Future Plans

Key Growth Metrics

Light Vehicle Unit Shipment Forecast by Powertrain

Unit Shipment Forecast by Technology

Unit Shipment vs. Parc Forecast

Parc Forecast by Technology

Regulatory Framework

Key EV Activities and Future Plans

Key Growth Metrics

Light Vehicle Unit Shipment Forecast by Powertrain

Unit Shipment Forecast by Technology

Unit Shipment vs. Parc Forecast

Parc Forecast by Technology

Regulatory Framework

Key EV Activities and Future Plans

Electromobility Strategy 2018–2030 of the City of Mexico

Key Growth Metrics

Light Vehicle Unit Shipment Forecast by Powertrain

Unit Shipment Forecast by Technology

Unit Shipment vs. Parc Forecast

Parc Forecast by Technology

Regulatory Framework

Key EV Activities and Future Plans

Key Growth Metrics

Light Vehicle Unit Shipment Forecast by Powertrain

Unit Shipment Forecast by Technology

Unit Shipment vs. Parc Forecast

Parc Forecast by Technology

Regulatory Framework

Key EV Activities and Future Plans

Growth Opportunity 1—Boost Charging Infrastructure to Attract New EV Buyers

Growth Opportunity 1—Boost Charging Infrastructure to Attract New EV Buyers (continued)

Growth Opportunity 2—Definition of New Strategies to Support the Increase in Regional Demand

Growth Opportunity 2—Definition of New Strategies to Support the Increase in Regional Demand (continued)

Growth Opportunity 3—Local Production of Components for EVs

Growth Opportunity 3—Local Production of Components for EVs (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

Legal Disclaimer

This research service analyzes and provides growth forecasts for 2030 for the LATAM hybrid and electric vehicles market (PHEVs, HEVs, and BEVs). By 2030, the commercialization of approximately 1 million electrified vehicles is expected in LATAM, and the total electrified vehicles in operation will be about 5.4 million. Analyzing 2030 sales by technology, PHEVs will reach 405.2 thousand units, HEVs will reach 488.9 thousand units, and BEVs will reach 123.7 thousand units. The study analyzes on the electrified market by technology, sales, parc, infrastructure, and regulations. The electrified vehicle market in Latin America is nascent in charging infrastructure, vehicle offerings, sales, and regulations. The market has experienced electrification initiatives in several segments, but the leadership in sales continues to be in light vehicles, which are part of the scope of this study. Out of the several initiatives taken for charging infrastructure, governments are improving very few of them. Many companies are trying to understand what the recovery will look like after the worst moment of the COVID-19 pandemic to define new strategies and investments. The countries of Latin America have very different regulations and market characteristics, so each country is at a different point in implementing technologies for mobility electrification. Some are focusing only on importing vehicles, from basic to luxury, while others are already seeing the opportunity for producing electric and hybrid vehicles, batteries, new technologies, alternative fuels, and increased charging infrastructure.--BEGIN PROMO--

Key Features

The research is structured in 4 key sections:

  • Growth Opportunity Analysis of xEVs in Latin America: The section provides an overview of the LATAM market, including scope, segmentation, definitions, key trends, key competitors, market share by company, charging stations in public locations, infrastructure highlights, key associations, regulatory framework, key growth metrics, growth drivers, growth restraints, forecast assumptions, forecast by powertrain, technology, sales by country, sales vs. parc, and parc by technology.
  • Regional Trends: The section covers some of the key trends impacting electrification in LATAM.
  • Regional Spotlight Analysis: The section provides a detailed analysis of the countries that are part of this study in terms of forecast by powertrain, EV technology, sales vs. parc, parc by technology, regulatory framework, and key EV initiatives and future plans.
  • Growth Opportunity Universe: The section provides three growth opportunities for the EV market.
More Information
Author Guira Barretto
GPS Codes 9800-A6,9882-A6,9965-A6
Industries Automotive
No Index No
Is Prebook No
Keyword 1 hybrid vehicles
Keyword 2 electric vehicles
Keyword 3 phev
Podcast No
WIP Number K6C3-01-00-00-00