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

  • Europe’s traffic pollution problem causes concern
    December 3, 2012
    The latest data available suggests that traffic pollution is still harmful to health in many parts of Europe. Transport in Europe is responsible for damaging levels of air pollutants and a quarter of EU greenhouse gas emissions. Many of the resulting environmental problems can be addressed by stepping up efforts to meet new EU targets, according to the latest report from the European Environment Agency (EEA). The EEA’s annual report under the Transport and Environment Reporting Mechanism (TERM) assesses the
  • Auction strength
    April 4, 2014
    Positive news comes from equipment auction specialists Ritchie Bros and IronPlanet. Ritchie Bros reports strong performance for its online construction machinery marketplace, EquipmentOne, in the first year since the service was set up. The service was initially launched in early 2013 and had a full commercial launch in April. The Marketplace already has hundreds of thousands of qualified members around the world. Sellers can make their own listings or work with Ritchie Bros to create listings including equ
  • Cifa focuses on new technology for 2014
    March 11, 2014
    In 2014 Zoomlion-owned Cifa plans to manufacture a further 15 of its innovative hybrid Energya 8 and 9 plug-in truck mixer prototypes to add to its two existing models. The globally renowned concrete equipment sector firm also aims to sell the first of these new plug-in truck mixer models next year. Among the new machines and equipment resulting from a €2 million-a-year R&D investment in Cifa and Zoomlion products over the last five years, the Energya 8 and 9 models, the latter of which was launched at bau
  • Lowering construction machine exhaust emissions
    November 6, 2017
    The alternatives to diesel fuel as a power source continue to grow as firms move to cut emissions - Mike Woof writes. Only the most myopic could have failed to notice that times are changing in terms of engine technology. In the on-highway automotive sector as well as for the off-highway construction machine segment, manufacturers are looking to lower tailpipe emissions. Similar technologies have been employed in both on-highway and off-highway sectors, although those solutions have been adapted to better