Skip to main content

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

  • RMD divisional operations director Ian Hayes on global formwork market
    May 21, 2014
    Ian Hayes, RMD Kwikform’s divisional operations director, gives an overview of the current global formwork and shoring market Over the recent past, the formwork and shoring market has been changing as the global economic recovery begins to take shape and different countries again begin to invest in key infrastructure projects. Notably there has been a shift in the Middle East, as countries like Saudi Arabia, Kuwait and Oman embark on major airport and the road infrastructure projects to support developme
  • Caterpillar is looking forward to future growth in China
    January 6, 2017
    Caterpillar is taking a long term view in China, seeing the country as having immense potential for construction. The company has a large presence at bauma China, with its display focussing on equipment crucial to the Chinese market and this reflects its long experience in the country, having commenced operations in the early 1970s. Speaking at the firm’s bauma China press conference, Ed Rapp, Caterpillar Group President Construction Industry said, “Our display is about our long term position in China. Ther
  • Caterpillar is looking forward to future growth in China
    November 27, 2012
    Caterpillar is taking a long term view in China, seeing the country as having immense potential for construction. The company has a large presence at bauma China, with its display focussing on equipment crucial to the Chinese market and this reflects its long experience in the country, having commenced operations in the early 1970s. Speaking at the firm’s bauma China press conference, Ed Rapp, Caterpillar Group President Construction Industry said, “Our display is about our long term position in China. Ther
  • Self-healing roads, slippery roads and slimmer roads
    November 24, 2017
    This month’s bitumen technology pages bring you self-healing roads, slippery roads and slimmer roads and explains why one UK contractor has started manufacturing its own polymer modified bitumen - Kristina Smith reports. Professor Erik Schlangen, who heads up experimental micromechanics at the Delft University of Technology is receiving calls from all round the world these days. And it is hardly surprising because he and his team have invented a great new technology: asphalt that heals itself.