Three months ago, in our previous quarterly report, I wrote the following: If costumer interest remains and high oil prices start to hit the region, there’s a very real chance we will surpass 10% at some point this year. By this, I meant I was hopeful that, if the stars … [continued]
Seven months ago, we announced that Tesla had arrived in the Colombian market looking for blood. With a Model 3 launched below $30,000 and a Model Y below $32,500, the brand was offering a premium feeling for mass market prices, outcompeting pretty much everyone else in the EV landscape, including … [continued]
Latin America’s small champion is breaking all expectations. Uruguay surpassed Costa Rica as the regional leader in 2025, reaching an impressive 20% BEV market share for the whole year, up from 8.5% in 2024. 2026 has seen the continuation of high growth levels in the Uruguayan market, bringing the yearly … [continued]
Latin America’s giant is waking up. For long a regional leader (ranking consistently in the fourth position in our region), Brazil has shown long periods of relative stagnation followed by sudden bursts of growth triggered by the entrance of new, more competitive models in the country. However, this trend (constant … [continued]
A year ago, on this very site, we reported that all our previous EV sales articles for Mexico were wrong, and that we had been underestimating numbers for as long as we had been reporting on them. That was the last report on Mexican sales we did, and the matter … [continued]
The wealthiest country in the region, Chile is known for being ahead of the curve in adopting most new technologies in Latin America. In particular, this is visible in the country having the highest per-capita deployment of solar in the region by quite a margin. Unsurprisingly, Chile was also the … [continued]
Surpassing all expectations, Colombia’s EV market is once again growing at explosive rates, with sales in April 2026 more than 300% above those in April 2025. BEV market share alone almost reached 20%, compared with 7.4% 12 months ago! The market has grown faster than even the most optimistic of … [continued]
Back in 2019, I read an article on this very site regarding the Osborne effect and the upcoming risks it represented for the auto industry. It remains one of my favorite articles of all time, and it had this very interesting chart that put into perspective what had been the … [continued]
Chatgpt generated panoramic editorial visualization of the Strait of Hormuz as a global energy chokepoint.
We’re now two months into Trump’s latest imperial adventure. The sudden attack on Iran’s leadership on February 28th (amidst ongoing negotiations between Iran and the US) led to a series of escalatory measures from both sides that have most notably caused the closure of the globe’s most important energy corridor: … [continued]
A mere quarter ago, we were celebrating the first time ever Latin America had seen more than 100,000 EVs sold in only three months. Now, thanks to significant growth year-on-year (YoY), we’re once again reaching a record, with Q1 surpassing 115,000 EVs sold in the region! This is a deviation … [continued]
