Mexico Electric Car Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at XX% from 2020 to 2027, reaching US$ XX Mn.
Mexico Electric Car Market
Mexico Electric Car Market Overview:
The Mexican Electric Car Marketis currently at a very initial stage of its growth. EVs only started to be commercialized in 2014, although tax incentives & other measures to raise their use have been implemented, the number of EVs in the country remains low. As a developing market, Mexico has important room for investment, for example in the development of Electric Vehicle charging infrastructure to help customers cope with the low distance ranges offered by today’s Electric Vehicle batteries.