Future of Electric Vehicles in Latin America: Growth, Needs, and Projections for 2025

Latin America is a region full of opportunities for the expansion of electromobility. The presence of electric vehicles is steadily increasing across the continent, with Colombia, Brazil, and Chile leading the way as regional pioneers.

However, despite this growth, data indicates that between 13 and 13.6 million new cars will hit the streets between 2022 and 2025. Citing a Bloomberg study, the projection for electrified vehicles is expected to rise from 2% to 4% by 2025.

Given these statistics, the charging infrastructure industry must seize the opportunities to continue growing and developing the charging sector, which is crucial for the success of green energy in the region.

Charging Infrastructur
Wallbox

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To meet the upcoming demand, experts in the sector assert that between 400,000 and 800,000 charging points need to be installed across Latin America.

Each electric vehicle owner creates the need for 1.5 charging points to keep their car’s battery charged wherever they go, such as supermarkets, malls, workplaces, schools, and other daily routine locations.

Leaving home with a fully charged electric vehicle provides peace of mind, and being able to recharge at night to balance electricity costs is a perfect combination that will be key to the success of electrified vehicle mobility.

Latam Mobility in the Region

After a successful 2024 tourLatam Mobility consolidates itself as the most important sustainable mobility community in Latin America, by generating synergy among the actors involved to massify decarbonization.

In 2025, the Invest In Latam network will continue its impact in the region with confirmed meetings in ColombiaBrazilChile, and Mexico.

Learn more about our events and join as an agent of change here.