Source link : https://tech365.info/a-new-wave-of-reasonably-priced-evs-are-touchdown-on-latin-american-shores-lets-verify-a-few-of-them-cleantechnica/
Final Up to date on: fifth July 2025, 11:47 pm
Chinese language EVs began arriving early on in Latin America, if solely by a trickle of previous workhorses such because the BYD E6 (again when European EVs have been practically as inexpensive because the Chinese language ones, and with a lot better design). Getting into the mainstream took longer, and the primary push to achieve actual market share would solely begin in Costa Rica in late 2023, when Geely launched a price-war by slashing the price of its Geometry E. BYD adopted swimsuit in Brazil, Mexico, Colombia, and Uruguay, whereas Tesla led the cost in Chile again in early 2024.
Market share rose quickly and we received ourselves some egregious headlines, reminiscent of this one, pointing to progress in extra of 1000%. Alas, all good instances come to an finish, and because the strain downwards for EV costs stalled, progress additionally considerably slowed, notably when measured month-to-month (as a substitute of YoY).
Nevertheless, prior to now few weeks, we’re once more seeing increasingly more bulletins of latest, inexpensive EVs arriving within the regional market, and since I do know our neighbours to the north is probably not nicely knowledgeable on what’s cooking round right here, I made a decision to make a brief report on the newly obtainable EVs in Costa Rica, Chile, and Colombia.
Costa Rica: the Geely Geome first lands outdoors of China
Lengthy recognized for its management in EVs (even when just…
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Author : tech365
Publish date : 2025-07-06 08:17:00
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