Electric and Hybrid Vehicle Sales Surge 22% in Mexico's First Half; EMA Highlights Market Resilience

Mexico's market for electric and hybrid vehicles is demonstrating robust growth, with sales of electric, plug-in hybrid, and extended-range electric vehicles surging 22% in the first semester of the year to reach 53,430 units. This marks a significant increase compared to the same period last year, according to the Mexican Association of Electric Mobility (EMA).

The electric vehicle segment alone saw a 14% rise, selling 22,236 units. Plug-in hybrids experienced even stronger growth, with sales climbing 29% to 31,063 units. Extended-range electric vehicles also contributed to the upward trend, with sales up 40% to 131 units.

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Mexico already has interested consumers, companies that invest, and a growing infrastructure.

This expansion is supported by a rapidly growing charging infrastructure. The total number of public and private charging connections reached 60,934 by the end of June, a 55% increase from the previous year. Public charging stations grew by 45% to 4,655, while private charging points, including those in homes and restricted access areas, increased by 56% to 56,279.

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The next step is to generate the conditions that allow the country to lead the growth of these technologies, strengthen national manufacturing, and prepare the sector for the changes that are already transforming the global automotive industry.

Eugenio Grandio, president of EMA, highlighted Mexico's growing consumer interest, corporate investment, and developing infrastructure. He emphasized the need to create conditions for Mexico to lead in these technologies, strengthen national manufacturing, and prepare the sector for global automotive industry transformations. Despite a complex geopolitical environment, the Mexican market shows resilience, with consumers increasingly choosing new technology vehicles.

The electromobility sector has also been a significant job creator, generating over 30,000 jobs, including those for ride-sharing drivers, charging station installers, manufacturers, and distributors. This consumer preference aligns with global trends, as countries like Canada aim for high electric vehicle sales percentages by 2035 and Brazil already sees substantial electric vehicle penetration.

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Even in a complex geopolitical environment, the Mexican market demonstrates resilience and consumers continue to choose new technology vehicles as a relevant option when renewing their vehicle.