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

  • Modern hydraulic fluid is the future, says Evonik
    January 6, 2017
    Chemical company Evonik is targeting the construction sector at Intermat 2015 with its specialist Dynavis technology which it says can boost the performance of hydraulically-operated plant by up to 30%. “We are taking market share from conventional hydraulic fluids,” Dr Ralf Duessel, head of Evonik’s oil additives business line said. “There’s a continuous move towards premium fluids and by being active in the end markets, we find that we double our impact on the market.” Dynavis technology, which has been a
  • Modern hydraulic fluid is the future, says Evonik
    April 22, 2015
    Chemical company Evonik is targeting the construction sector at Intermat 2015 with its specialist Dynavis technology which it says can boost the performance of hydraulically-operated plant by up to 30%. “We are taking market share from conventional hydraulic fluids,” Dr Ralf Duessel, head of Evonik’s oil additives business line said. “There’s a continuous move towards premium fluids and by being active in the end markets, we find that we double our impact on the market.” Dynavis technology, which has been a
  • Electric vehicles are green, according to new study
    June 13, 2013
    A new in-depth study carried out by Newcastle University highlights the low environmental impact of electric vehicles. The study included a wide array of factors and shows that electric vehicles are responsible for 85grammes CO2 /km, some 55grammes CO2 /km less than new petrol driven cars. The study also revealed that electric vehicles are suitable for the majority of daily car journeys. Previous concerns have focussed on the short range of electric vehicles, suggesting that this could impact on distances t
  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t