Mexico’s sales of electrified vehicles hiked 76% in May

Mexico’s sales of electrified vehicles hiked 76% in May

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Last May, auto dealers in Mexico sold 1,486 new electrified vehicles, such figure comprises of 18 full-electric cars and 1,468 hybrid units and represents a 75.9% hike compared to the 845 units sold over the same month of 2017, according to the latest data available from the Mexican Auto Industry Association (AMIA).

Sales from January through May totaled 6,432 vehicles, 86 full-electric units and 6,346 hybrid models, representing a 51.4% rise compared to the 4,249 cars sold in the same five-month period of last year.

Although sales of electrified vehicles have been increasing at two-digit pace, it’s worth noting that deliveries of full-electric units decreased 18.2% in May – compared to the 22 vehicles sold in the fifth month of 2017 – and 32.8% on a year-to-date basis, from 128 cars in the first five months of 2017 to just 86 units in the same period of 2018.

Half of sales in the country took place in Mexico City and the neighboring state of Mexico, with 36% and 14% of deliveries respectively. Car owners in both entities are subject to strict environmental regulations that limit the use of their vehicles. However, hybrids and electric units are exempt from these barriers.

The third place in sales goes to the state of Jalisco, located on the Pacific coast, where 8.6% of deliveries of electrified vehicles have been made this year. Jalisco is followed far behind by the states of Nuevo Leon and Michoacan, with 3.9% and 3.6% of sales respectively.

MexicoNow

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