The promise was simple. All those pesky regulations, limitations, and outright bans that were imposed on fossil fuel companies would be lifted by the mighty pen of President Donald Trump, allowing them to finally produce as much as they materially could — environment be damned — and, by virtue of … [continued]
I know many of our readers are not too fond of plug-in hybrids (PHEVs), considering them an inferior solution to purely electric vehicles (BEVs), which, to be fair, they are. But modern PHEVs, with their all-electric ranges over 50 km and their hyper-efficient powertrains (some of which may get 2,000 … [continued]
After years of EVs being priced well above their thermal competition, the arrival of a veritable armada of competitively priced EVs in Colombia (most, but not all, being Chinese) has resulted in the obvious consequence: people are buying them in droves. Record after record has been placed since October, with … [continued]
A few months ago, I wrote about a global peak ICEV fleet, and argued that we’re very close to it — perhaps even surpassed it by now. Despite the headline, I stand by that position, and that’s because the focus here is different: not about internal combustion engine vehicles (ICEV), … [continued]
Whilst Latin America’s largest vehicle markets have been undergoing significant EV growth (we can already predict Brazil’s plug-in market share will surpass 5% in 2024 and Mexico’s will be above 2%) and several minor markets are showing meteoric growth (Costa Rica, Uruguay, and Colombia), this does not mean the entire … [continued]
The good news: oil demand is cooling. The bad news: it’s not yet done growing. One can’t really claim oil demand is “falling” (yet), but growth has slowed down to its lowest level in over a decade, with 2024 being a pivotal year. Let’s look at the realities of oil … [continued]
Colombia’s EV market is booming. As I said a couple months ago, we’re not only seeing significant YoY (year over year) growth (as we are in several other markets, including Costa Rica, Uruguay, Mexico, and Brazil), but we’re also looking at “bursts” of demand that lead to significant MoM (month … [continued]
Claudia Sheinbaum, Mexico’s new president (inaugurated in October 1st), has a plan. She wants to bring Mexico’s industry into the 21st century, pivoting to tech, drones, semi-conductors, … and EVs. She has announced she’ll make sure that, by the end of her term, Mexico owns a locally designed, locally built, … [continued]
Colombia’s fossil gas climate crisis could spark EV adoption as the affordable FAW Nat Taxi lands at $23,000. Climate change is no joke. Last year, Colombia faced one of its harshest droughts in the last three decades, which forced the country to rely heavily on fossil-fuel generation to maintain healthy … [continued]
Any of our readers who have been following my reports know that Latin America’s EV sales are rising. In some countries, they may not be growing as fast as we would wish; in others, they’re faster than we ever expected; but the trend remains clear regardless. Latin America’s* market amounts … [continued]
