Petro Intends to Promote Electric Car Manufacturing with Colombian Parts

Beyond policies and incentives for large companies to invest and easily import vehicles and auto parts for electric vehicles, the Colombian government seeks to promote the local production of these new technologies.

After meeting a few days ago with senior executives of General Motors, who explored the possibility of installing its first assembly plant in Latin America, the President of Colombia, Gustavo Petro announced that the objective of his administration is that the manufacture of electric vehicles may have domestic parts.

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He pointed out that the policy being designed by the executive is that the brands that are in Colombia at the time of importing electric vehicles use local parts to boost the domestic industry.

“We want brands that want to import electric vehicles to Colombia to use national parts and boost electric vehicle production in Colombia. The Government will help change the cab fleet in the country for electric cabs,” the President wrote on Twitter.

State Policy

Since his presidential campaign, Petro has emphasized that one of his main goals is that the country can have a transition to electric vehicle industries to protect the environment and fight against climate change.

As Petro explained in his statements, based on the energy transition policies set out in his Government Program, it is feasible to promote the production of ‘zero emissions’ vehicles, with manufacturers being able to use parts made in Colombia.

Using as a reference the European legislation for the prohibition of combustion cars in 2035, the president wants to apply a similar system, and in the same 12-year term, to advance in the scrapping of gasoline cars.

The president’s theory in this sense is that in those 12 years the world supply of electric cars and engines will increase and at the same time the supply of combustion cars will decrease.