Sales of electrified cars increase 84% in Mexico, but full-electric models are ‘missing the party’

Sales of electrified cars increase 84% in Mexico, but full-electric models are ‘missing the party’

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In July, auto dealers in Mexico sold 1,244 electrified new vehicles, which represents an increase of 84.8% compared to same month of 2017. Such figure comprised of 12 electric units, 119 plug-in hybrids and 1,113 non-plug-in hybrid models, according to the latest data available by the National Institute of Statistics and Geography (Inegi).

From January through July automakers sold 9,326 electrified vehicles, including 114 full electric models, 1,049 plug-in hybrids and 8,163 non-plug-in hybrids. The year-to-date total figure now represents a 63.3% hike compared to the same seven-month period of 2017.

Despite the two-digit growth in sales of electrified vehicles, it’s worth noting that sales figures of full-electric units remained unchanged in July, as auto dealers also sold just 12 vehicles in the same month of 2017. Meanwhile, sales of full-electric vehicles in the first seven months of 2018 were actually 12.9% lower than the 131 units sold in the same period of 2017, according to the Inegi data.

As previously reported, half of sales nationwide take place in the country’s capital and the neighboring state of Mexico, with 36.2% and 14.2% of total respectively. That’s because 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.

MexicoNow

Related

- Auto sales in Mexico drop 1.5% in September

- Sales of electrified vehicles doubled in Mexico during June

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