peru

BYD Enters Peru

Continuing the trend of rolling out its electric vehicles in a new market every week (or, at least, that’s what it feels like), BYD has entered Peru with 5 plugin vehicle models (“new energy vehicle” models as they call them in China). The 5 models BYD is initially launching in … [continued]

EV Sales Report: LatAm’s Laggards & Smaller Markets (Argentina, Peru, Ecuador, Panama, & El Salvador)

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]

Image courtesy of Coradir.

Latin America 2023 EV Sales Report, Part 1: The Laggards (Argentina, Perú, Ecuador, Chile, Dominican…

We’re back with our report on EV sales in Latin America! There are some novelties, but, contrary to my expectations, the distance between the laggards and the leaders is actually increasing: this means that the first part of the report will be full of bad (or, at best, “meh”) news, … [continued]