ACARA details that of the 45.8% there are 47.1% of hybrid vehicles (HEV), 28.1% of micro-hybrids (MHEV) and 80% of 100% electric vehicles (EV). In the accumulated for the semester, the number of
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
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
To move in this direction, Argentina must look at countries with similar conditions and define what measures to take. Below we outline critical routes for the local electromobility industry
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
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.
While electric cars are gaining attention, their adoption remains relatively low due to factors such as high initial costs and limited charging infrastructure. However, government initiatives and incentives aim to
As the adoption of electric vehicles (EVs) grows, Argentina is all of a sudden drawing interest from around the world for its lithium deposits, which are required to supply the expanding
Argentina has a nascent market for EVs, with approximately 5,900 electric vehicles in 2021, most of which are hybrid vehicles.8 The lack of charging infrastructure poses a significant challenge for the
While Europe reaches a 15% market share of 100% electric vehicles (BEVs) in its total sales, Argentina barely reaches 0.14%, equivalent to 1 BEV for every 700 new vehicles.
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