Key View: We have recently revised our forecasts for Argentina's EV market and now expect passenger EV sales to grow from 666 units in 2024 to 2,020 units in 2025 – a 210% y-o-y increase – primarily due to the elimination of tariffs on electric and hy...
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In Argentina, the electric vehicle (EV) market is gradually emerging, primarily focused on cars and buses. Buenos Aires, the capital city, is witnessing a growing interest in EVs, albeit with some
In the market, there is a consolidation of small, 100% electric vehicles, all manufactured in Argentina. These made up 4% of the total registrations, with the Tito leading the way. The offer in 2023 within
In 2022, fewer than 500 electric vehicles were sold in Argentina. However, the combination of new import policies, domestic manufacturing and charging companies, and the
Argentina''s electric vehicle (EV) market is undergoing a dramatic shift following the government''s decision in January to slash import tariffs on electric and hybrid vehicles.
The government of Argentina has supported the adoption of electric vehicles through a variety of policies, such as tax exemptions, lower import charges, and subsidies on the acquisition of EVs.
Key View: We have recently revised our forecasts for Argentina''s EV market and now expect passenger EV sales to grow from 666 units in 2024 to 2,020 units in 2025 – a 210% y-o-y
But the sight of so many new Chinese EVs gliding onto a muddy river bank in Buenos Aires province was unprecedented for Argentina, its crisis-stricken economy dominated for years by a left-wing
Until now, Argentina had largely resisted the EV wave sweeping across Latin America. While hybrid sales saw modest growth last year, fully electric vehicles are a rare sight because of
The lithium-rich country faces a range of challenges in its ambitions to develop batteries and electric vehicles at home, but researchers have continued to drive innovation
The delay in the electrification of transport in Brazil and the weight of the use of biofuels limits the progress of EV production on a larger scale in Argentina.
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