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The Road To Price Parity: Competition Heats Up In Mexico, A Tsunami Of EVs Arrive In Colombia

CleanTechnica EVs

Recent arrivals in Mexico and Colombia show Chinese EVs pose an ever-growing threat to mainstream automakers in Latin America. continued] The post The Road To Price Parity: Competition Heats Up In Mexico, A Tsunami Of EVs Arrive In Colombia appeared first on CleanTechnica.

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Colombia February 2021

EV Sales

By brands, Mercedes is the new King, with 35% share, with BYD in the runner-up spot, with 15% share, while Changan and BMW share the Bronze medal, both with 10% share.

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Latin American EV Market Heats Up as Chinese Automakers Enter with Newer, Cheaper, Better Options

CleanTechnica EVs

continued] The post Latin American EV Market Heats Up as Chinese Automakers Enter with Newer, Cheaper, Better Options appeared first on CleanTechnica. A bloodbath is coming. The exact timeline we don’t know, not yet at least. But the omens are here already.

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

Baua Electric

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. New subsidies, including for domestic battery manufacturing, and lower import and excise taxes, combined with the growing presence of Chinese carmakers, have contributed to rapidly increasing sales. China exported over 1.2