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

  • Italian firms’ more global vision
    February 22, 2013
    At a diminished Asphaltica exhibition, many of Italy’s asphalt sector companies spoke of the importance of overseas markets. Kristina Smith spoke to some of the firms seeking export success. Italy’s 6th Asphaltica show, held in Padua in November last year, provided a snapshot of the challenging economic conditions faced by the country. 2012 was the year when Italy felt the impact of the economic crisis which many other European countries had already suffered. Reflecting this, the exhibition was half the siz
  • China boosting production of electric vehicles to meet demand
    October 22, 2014
    Data from China reveals that manufacturing output of electric, hybrid and other new energy vehicles in the country has grown by a factor of 11 for September 2014 compared with the same month in 2013. China produced 10,113 units of new-energy vehicles in September 2014. The output of hybrid passenger cars and electric passenger cars stood at 2,369 and 3,589 units respectively. For the period from January to September 2014, Chinese production of these low impact vehicles increased by a factor of four to 41,30
  • Wacker Neuson’s strong performance in 2021
    August 11, 2021
    Wacker Neuson is enjoying strong performance in 2021.
  • Wacker Neuson remains on growth track
    August 9, 2023
    Wacker Neuson remains on its growth track in 2023.