Latin American Electric Vehicle Market Analysis & Forecasts, 2018 & 2019-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 17, 2019--
The “Analysis of the Latin American Electric Vehicle Market, Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The years 2018-2019 represented an inflection point for the nascent Latin American market of electric vehicles (EVs). Local governments have incorporated into their agenda the notion of “electro-mobility”; utility companies, amongst other players, are developing charging infrastructure projects across the region; and the number of xEV models made available on the market is gradually expanding across multiple countries led by various OEMs.
From merely 23.4 thousand HEVs and 3.7 thousand BEVs + PHEVs commercialized in 2018, the Latin American market will grow to more than 114.7 thousand HEVs, 20.3 thousand PHEVs and 23.3 thousand BEVs in 2025. In this research service, researchers have analyzed the emerging market for hybrid vehicles, plug-in hybrids and fully electric vehicles in 9 Latin American countries (Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, Mexico, Paraguay, and Uruguay).
Crucial factors impacting the market, distinctive trends, challenges, and market growth opportunities for OEMs are discussed in depth. This study compares the different regulatory frameworks; public and private incentives; the impact of other potential competitive alternative powertrains in the region; the convergence between EV market and clean power generation potential in the region; the role of civil associations; major infrastructure projects in the region; and the rise of electric micro-mobility services.
Key Latin American trends are analyzed, such as the rise of the electric bus market in more than 30 cities, electric taxi pilot tests, BEV fleets across the region, ICE-to-BEV retrofitting start-ups, EV carsharing initiatives, and local companies developing electric micro-cars and BEV related technology. Moreover, an in-depth analysis of each country’s e-mobility roadmap and forecast by technology is provided, including a discussion on existing regulations, available products in the market and infrastructure projects.
Key Issues Addressed
Key Topics Covered:
Research Scope, Objectives, Background and Methodology
Definitions and Segmentation
Factors Impacting the Latin American Electromobility Market
Latin American Electromobility Market-Trend Analysis
Latin American EV Market Analysis by Country
Growth Opportunities and Strategic Imperatives
Key Conclusion and Future Outlook
For more information about this report visit https://www.researchandmarkets.com/r/dv3fa9
View source version on businesswire.com:https://www.businesswire.com/news/home/20191217005404/en/
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KEYWORD: CENTRAL AMERICA
INDUSTRY KEYWORD: ALTERNATIVE VEHICLES/FUELS AUTOMOTIVE
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 12/17/2019 06:27 AM/DISC: 12/17/2019 06:27 AM