Latin America: electric vehicle revenue share by brand 2023

Published by Statista Research Department, Dec 4, 2024

In 2023, 41.8 percent of the Latin American electric vehicle revenue was attributed to Tesla, followed by JAC at 23.2 percent. Volvo, BYD, and Chery completed the top five.

Distribution of the Latin American electric vehicle revenue in 2023, by brand

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Sources

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Release date

October 2024

Region

Central and South America

Survey time period

2023

Special properties

includes battery-electric and plug-in hybrid electric vehicles, based on a November 2024 modelling.

Supplementary notes

The Electric Vehicles segment includes information about electric vehicles in countries where, according to our sources, a public electric vehicle charging infrastructure is already available. In this context, “public” means that people have unrestricted access to the charging infrastructure. A vehicle can be defined as electric if it is self-contained with a battery or classified as a plug-in hybrid. All key figures shown represent the sales of new cars, and their basic configuration in the respective year. The figures do not include the sale of used vehicles nor adapted equipment for the new cars sold. The prices and revenues shown are accordingly based on the basic models.

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Statistics on " Electric vehicles in Latin America "

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Overview

7

Segments

8

Companies

8

Special focus on charging infrastructure

8

Outlook

6

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Topics

Electric vehicles in Latin AmericaAutomotive industry in Latin AmericaAutomotive industry in MexicoAutomotive industry in ColombiaAutomotive industry in Argentina
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