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SEAT to launch 6 electric and plug-in hybrid models, develop smaller version of MEB for lower-cost EVs

Green Car Congress

Profit after tax went up to €294 million—4.6% Latin America is another potential territory for brand expansion, and there are plans to begin operations in Chile in the second half of 2019 and strengthen its presence in Colombia. In 2018 SEAT obtained the best results in its history. more than the previous year.

Plug-in 207
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The Global Outlook of Electric Vehicles

Blink Charging

However, there are still challenges ahead, most notably with procuring the raw materials needed for battery production. There are two ways to look at what is hindering EV adoption: Consumer challenges Manufacturer challenges Consumer challenges Lack of demand, especially in places like the US, Canada, and India, still hamper EV adoption.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. Tax exemption for EV purchases and non-financial support remain in place, after an extension, as the automotive industry is seen as one of the key drivers of economic growth.