{"id":44540,"date":"2025-01-08T05:30:16","date_gmt":"2025-01-08T10:30:16","guid":{"rendered":"https:\/\/latamobility.com\/?p=44540"},"modified":"2025-01-08T08:42:10","modified_gmt":"2025-01-08T13:42:10","slug":"mexico-achieves-70-growth-in-hybrid-and-electric-vehicle-sales-during-2024","status":"publish","type":"post","link":"https:\/\/latamobility.com\/en\/mexico-achieves-70-growth-in-hybrid-and-electric-vehicle-sales-during-2024\/","title":{"rendered":"Mexico Achieves 70% Growth in Hybrid and Electric Vehicle Sales During 2024"},"content":{"rendered":"\n<p>The <strong><a href=\"https:\/\/www.inegi.org.mx\/datosprimarios\/iavl\/\">National Institute of Statistics and Geography (INEGI)<\/a><\/strong> reported that from January to November <strong>2024<\/strong>, <strong>108,943 hybrid, plug-in hybrid, and fully electric cars<\/strong> were sold in <strong>Mexico<\/strong>, representing a <strong>70.2%<\/strong> increase compared to the sales volume reported during the same period in <strong>2023<\/strong>.<\/p>\n\n\n\n<p>In <strong>November<\/strong> alone, sales of <strong>hybrid and electric vehicles<\/strong> grew by <strong>41.1%<\/strong> year-over-year, with <strong>12,147 units sold<\/strong>, which means an additional <strong>3,540 units<\/strong> of <strong>new technologies<\/strong> were sold in the country compared to the same month in <strong>2023<\/strong>.<\/p>\n\n\n\n<p>The growing popularity of <strong>electric or hybrid technology vehicles<\/strong> has made <strong>Mexico<\/strong> an attractive destination for brands such as <strong>Tesla<\/strong>, <strong>BYD<\/strong>, <strong>Audi<\/strong>, <strong>Volkswagen<\/strong>, <strong>BMW<\/strong>, <strong>GM<\/strong>, <strong>Ford<\/strong>, <strong>Toyota<\/strong>, <strong>JAC<\/strong>, among others, to introduce new models for their transition to <strong>electromobility<\/strong>.<\/p>\n\n\n\n<p><strong>You may also read:<\/strong> <a href=\"https:\/\/latamobility.com\/en\/general-motors-leads-the-transition-to-electric-mobility-in-mexico\/\">General Motors leads the transition to electric mobility in Mexico<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/MX-1024x683.jpg\" alt=\"\" class=\"wp-image-44543\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/MX-1024x683.jpg 1024w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/MX-300x200.jpg 300w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/MX-768x512.jpg 768w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/MX-1536x1024.jpg 1536w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/MX.jpg 1800w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-benefits-in-the-industry\"><strong>Benefits in the Industry<\/strong><\/h2>\n\n\n\n<p><strong>Gabriel Padilla<\/strong>, general director of the <strong>National Auto Parts Industry (INA)<\/strong>, told <strong>El Financiero<\/strong> that \u201cwe are estimating that by this new year, we will manage to attract close to <strong>2.7 billion dollars<\/strong>, which would represent an increase.\u201d<\/p>\n\n\n\n<p>The executive noted that by the end of <strong>2024<\/strong>, the industry managed to attract around <strong>2.55 billion dollars<\/strong> in investment.<\/p>\n\n\n\n<p>In <strong>Mexico<\/strong>, several models such as the <strong>BYD Dolphin electric<\/strong>, the <strong>Chevrolet Equinox EV<\/strong>, the <strong>Volvo EX30<\/strong>, <strong>Nissan&#8217;s e-Power technology<\/strong>, as well as <strong>Tesla&#8217;s Model X, Y, and 3<\/strong>, the <strong>JAC E30X<\/strong>, and other offerings from Chinese brands like <strong>Zeekr<\/strong>, <strong>GWM<\/strong>, and <strong>Geely<\/strong>, will begin to flood the market and dealerships in the country.<\/p>\n\n\n\n<p>As of <strong>November 2024<\/strong>, the share of <strong>hybrid and electric vehicle sales<\/strong> reached <strong>8.2%<\/strong> of total sales. About <strong>79%<\/strong> corresponded to <strong>hybrid vehicles<\/strong>, <strong>14%<\/strong> to <strong>fully electric cars<\/strong>, and <strong>7%<\/strong> to <strong>plug-in hybrids<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-latam-mobility-on-february-20-2025-in-monterrey\"><strong>Latam Mobility<\/strong> on <strong>February 20, 2025<\/strong> in <strong>Monterrey<\/strong><\/h2>\n\n\n\n<p>On <strong>February 20, 2025<\/strong>, <strong>Latam Mobility<\/strong>, the largest sustainable mobility community in <strong>Latin America<\/strong> begins its tour in <strong>Monterrey, Mexico<\/strong>, with the second edition of the \u201c<strong>North America Mobility Summit 2025<\/strong>\u201d.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/Monterrey-1024x683.jpg\" alt=\"\" class=\"wp-image-44518\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/Monterrey-1024x683.jpg 1024w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/Monterrey-300x200.jpg 300w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/Monterrey-768x512.jpg 768w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/Monterrey-1536x1024.jpg 1536w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/Monterrey.jpg 1800w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Mexico<\/strong> has become an important bastion for the region with the arrival of major brands in the automotive industry, with interesting plans to install electric vehicle plants. In this sense, <strong>Latam Mobility<\/strong> has established itself as a key player to generate <strong>synergy<\/strong>, <strong>networking<\/strong>, and <strong>alliances<\/strong> between the public and private sectors.<\/p>\n\n\n\n<p>The \u201c<strong>North America Mobility &amp; Net Zero Summit<\/strong>\u201d in <strong>Monterrey<\/strong> will bring together the most important <strong>companies<\/strong> and <strong>leaders<\/strong> linked to <strong>energy<\/strong>, <strong>transportation<\/strong>, <strong>fuels<\/strong>, and <strong>mobility<\/strong>, to show the progress and prospects of the industry in <strong>Mexico, the United States<\/strong>, and the region.<\/p>\n\n\n\n<p>If you would like to know the <strong>agenda<\/strong> or participate as a partner in <strong>Latam Mobility&#8217;s \u201cTour 2024\u201d<\/strong> and access the portfolio of benefits, please write to <strong><a>info@investinlatam.org<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Institute of Statistics and Geography (INEGI) reported that from January to November 2024, 108,943 hybrid, plug-in hybrid, and fully electric cars were sold in Mexico, representing a 70.2% increase compared to the sales volume reported during the same period in 2023. In November alone, sales of hybrid and electric vehicles grew by 41.1%&#8230;<\/p>\n","protected":false},"author":10,"featured_media":44549,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[2054],"tags":[2079],"class_list":["post-44540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-electric-mobility","tag-mexico-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.7 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Mexico Achieves 70% Growth in Hybrid and Electric Vehicle Sales During 2024 - Latam 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