Nissan says Mexico is enormous potential market for electric vehicles

Nissan says it sees enormous potential for electric vehicles in Mexico, with its Leaf electric car to be launched commercially during the third quarter of 2013. However, many experts reportedly doubt that it will sell 1,000 units in the country by 2018. The high price of electric vehicles is seen as a potential barrier to their growth in this market. The domestic market for vehicles in Mexico is expected to grow by between 5% and 6% in the next few years, or by about 60,000.
March 19, 2013 Read time: 1 min
2454 Nissan says it sees enormous potential for electric vehicles in Mexico, with its Leaf electric car to be launched commercially during the third quarter of 2013. However, many experts reportedly doubt that it will sell 1,000 units in the country by 2018. The high price of electric vehicles is seen as a potential barrier to their growth in this market. The domestic market for vehicles in Mexico is expected to grow by between 5% and 6% in the next few years, or by about 60,000.

Fuel emissions, oil prices and excessive dependence on oil, are seen by Nissan as a problem, hence why electric cars are part of their perceived future solution. Nissan Leaf models in Mexico are already being tested by taxi firms, some car rental agencies and celebrities.

For more information on companies in this article

Related Content

  • Sobratema predicts $6 billion-a-year spend on construction equipment
    January 6, 2017
    More than US$ 800 billion of major infrastructure investment projects will drive increasingly high levels of demand for the global construction equipment supply sector in Brazil over the next five years, according to a new report from Sobratema, the Brazilian association of technology for construction and mining. The entire chain of supplies and services will benefit from a massive Brazilian road-building and social housing construction boom as the country gears up to host the 2014 soccer world cup and the
    Read More
  • Sobratema predicts $6 billion-a-year spend on construction equipment
    April 18, 2013
    More than US$ 800 billion of major infrastructure investment projects will drive increasingly high levels of demand for the global construction equipment supply sector in Brazil over the next five years, according to a new report from Sobratema, the Brazilian association of technology for construction and mining. The entire chain of supplies and services will benefit from a massive Brazilian road-building and social housing construction boom as the country gears up to host the 2014 soccer world cup and the
    Read More
  • Powertrain innovations delivering cleaner solutions
    May 10, 2018
    The push towards cleaner-running driveline developments from engine firms is continuing - Mike Woof writes. Sophisticated driveline developments are being seen right across the engine and drivetrain segment, with new low emission technologies being unveiled. High performance and extended service intervals are claimed, while tailpipe emissions have been reduced to meet the coming EU Stage V and latest US Tier 4 Final requirements. But different firms are taking different routes to delivering cleaner tailp
    Read More
  • Two new road construction machines for Massenza
    June 24, 2021
    Italian manufacturer Massenza, which produces bitumen emulsion and concrete equipment for road construction markets around the world, has been hard at work over the past two years developing two new machines.
    Read More

Highlighted Content