Press release
Latin America Electric Car Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2030
A full report of Latin America Electric Car Market is available at: https://www.omrglobal.com/industry-reports/latin-america-electric-car-market
In Argentina as well, the EV industry took off in 2017, when the government announced the procurement of 50 BYD electric buses as a pilot program to promote EVs on a national scale. By 2019, the development of EVs was extended to the import of passenger cars, the construction of charging infrastructure, the investment of lithium-ion batteries, and local brands after Argentina imported the first four-door electric SUV from the Chinese brand BAIC, YPF installed charging systems at 110 gas stations. Foreign companies were also invited to invest in Argentine lithium mines. This development started the EV industry in Argentina, and it is expected to grow at an immense rate in near future, which in turn will drive the Latin American electric car market as well. Other countries in the region including Chile and Mexico are also aiming to follow the footsteps of Brazil and Argentina, and are expected to take the EV initiative in coming years.
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Market Coverage
The market number available for - 2018-2025
Base year- 2019
Forecast period- 2019-2025
Segment Covered-
Vehicle Type
Propulsion Technology
Battery Type
Region Covered- Latin American (Mexico, Argentina, Brazil, Chile, Colombia)
Competitive Landscape- Honda Motor Co., Ltd., BMW AG, AB Volvo, Audi AG, Hyundai Motor Co.
Key questions addressed by the report
What is the market growth rate?
Which segment dominates the market in the base year?
Which segment will project the fastest growth in the market?
How COVID-19 impacted the market?
Recovery Timeline
Deviation from the pre-COVID-19 forecast
Most affected region
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Latin America Electric Car Market Report Segment
By Vehicle Type
Hatchback
Sedan
SUV
By Propulsion Technology
Battery Electric Cars
Plug-in Hybrid Electric Car
By Battery Type
NiMH
Li-Ion
Others
Company Profiles
BMW AG
Daimler AG
Fiat Chrysler Automobiles N.V.
Ford Motor Co.
General Motor
Groupe PSA
Honda Motor Co.
Hyundai Motor Co.
Mitsubishi Motors Corp.
Nissan Motor Co.
Tesla, Inc.
Toyota Motor Corp.
Volkswagen AG,
Zhejiang Geely Holding Group
Reasons to Buying From us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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