The Mexican Senate held the conference “The Realistic Vision of the Transition to Electromobility”, where it was highlighted that the electric vehicle fleet in Mexico represents less than 1% of the total.
In a review by Global Energy, Pablo Gualdi, President and CEO of ATIO Group, specified that more than 80% of the sold electric vehicles are hybrids, which indicates the long road ahead for a full transition.
Challenges identified in the session include insufficient infrastructure and unregulated fast-charging stations for electric energies.
Dependence on hydrocarbons, since 90% of the national energy matrix remains based on fossil fuels.
Duration of traditional vehicle fleet, with light vehicles operating up to 16 years and heavy vehicles up to 30 years on average.
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It was also noted that the consumption of fossil fuels will continue to grow marginally until 2037, according to data from the Secretariat of Energy, further complicating emission reductions.
More challenges
The transition also faces regulatory and investment challenges, particularly in collaboration between the government, the private sector, and the Federal Electricity Commission (CFE).
To move forward, it is essential to coordinate public policies, increase energy efficiencies, and design incentives to accelerate change.
Despite advancements like the general administrative provisions (DACS), it was warned that without a joint effort and a clear vision, the goal of a sustainable transition by 2030 or 2050 will be difficult to achieve.
Latam Mobility: Key Player of Regional Synergies
After a successful 2024 tour, Latam 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 Colombia, Brazil, Chile and Mexico.
Learn more about our meetings and become an agent of change here.