Plug-in hybrid electric vehicle revenue surpassed battery-electric vehicle revenue in 2020 in Colombia, and is expected to remain the propulsion type generating the most revenue in the Latin American country through 2028. By that year, PHEVs are forecast to represent some 263.9 million U.S. dollars in revenue, compared to 224.3 million US. dollars for BEVs.
Forecast electric vehicle revenue in Colombia between 2017 and 2028, by propulsion type
(in million U.S. dollars)
based on a September 2023 modelling which takes into account the market impact of Russia's war on Ukraine.
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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Statista. (September 1, 2023). Forecast electric vehicle revenue in Colombia between 2017 and 2028, by propulsion type (in million U.S. dollars) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1428905/colombia-ev-revenue-forecast-by-propulsion-type/
Statista. "Forecast electric vehicle revenue in Colombia between 2017 and 2028, by propulsion type (in million U.S. dollars)." Chart. September 1, 2023. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1428905/colombia-ev-revenue-forecast-by-propulsion-type/
Statista. (2023). Forecast electric vehicle revenue in Colombia between 2017 and 2028, by propulsion type (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1428905/colombia-ev-revenue-forecast-by-propulsion-type/
Statista. "Forecast Electric Vehicle Revenue in Colombia between 2017 and 2028, by Propulsion Type (in Million U.S. Dollars)." Statista, Statista Inc., 1 Sep 2023, https://www.statista.com/statistics/1428905/colombia-ev-revenue-forecast-by-propulsion-type/
Statista, Forecast electric vehicle revenue in Colombia between 2017 and 2028, by propulsion type (in million U.S. dollars) Statista, https://www.statista.com/statistics/1428905/colombia-ev-revenue-forecast-by-propulsion-type/ (last visited November 03, 2024)
Forecast electric vehicle revenue in Colombia between 2017 and 2028, by propulsion type (in million U.S. dollars) [Graph], Statista, September 1, 2023. [Online]. Available: https://www.statista.com/statistics/1428905/colombia-ev-revenue-forecast-by-propulsion-type/
