Hybrid, electric vehicles gain market share; July sales up 86%

As sales of fossil fuel-burning vehicles have been declining, those of electric and hybrid vehicles have been rising sharply in the past few years, according to data from the Mexican Automotive Industry Association (AMIA).

An AMIA report published by the national statistics agency Inegi said that 2,068 electric and hybrid vehicles were sold in Mexico in July 2019, an increase of 86% compared with the same month in 2018, when only 1,113 such vehicles were sold.

Mexico City saw the most sales, followed by México state and Jalisco. Those three states accounted for 65% of the total sales in July.

The increase in sales has continued for a little more than three years. In the first seven months of 2016, electric and hybrid vehicle sales numbered 3,439 units. Over the next three years, that number grew to 5,030, 8,163 and 11,503 respectively.

But the numbers are minuscule compared to all light vehicle sales, which in July totaled 105,699.

Meanwhile, sales of conventional vehicles have been declining for the past two years.

Source: El Economista (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
Stadium in Mexico

FIFA rejects relocation of Iran’s World Cup matches to Mexico despite Sheinbaum’s support

0
U.S. President Trump recently said that it would not be appropriate for the Iranians' "own life and safety" for their U.S. matches in June to go on as planned, prompting Iran’s national soccer federation to ask if Mexico could host the games instead.
UN vote

UN approves a Mexico-led initiative to curb synthetic drug production

0
The resolution encourages countries to adopt legislative measures that prevent tableting and encapsulating machines from entering the illicit market.
José 'N' (alias) Pepe

Army arrests key cartel operative who exposed location of ‘El Mencho’

0
On Feb. 20, military intelligence discovered the location of a "trusted man" and chauffeur of El Mencho's romantic partner. On Sunday, the Army arrested him.
BETA Version - Powered by Perplexity