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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.

Colombia 129
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Colombia February 2021

EV Sales

O utside the podium, in #5 we have the three times winner (2018, '19 & '20) BMW i3, that is also a popular EV in a number of neighboring countries, like Costa Rica, but this year it has seen its sales fall off a cliff, down by two thirds, allowing its French rival Renault Zoe to surpass it and occupy the 4th spot.

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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.

Chinese 131
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

MG (owned by the Chinese SAIC) was the only group to post an increase in registrations, with its volume jumping from 1,327 to 2,592 units. Demand in Latin America fell by 30% to 318,000 units, following restrictions in Argentina, Colombia, Chile, Peru, and more recently Brazil and Mexico. Some models performed better than others.

Europe 261
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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