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

  • New focus on hydraulics operations for Lonking
    November 12, 2014
    Lonking widening its product range and developing its hydraulics components operations - Mike Woof reports Shanghai-based Lonking is best known as a major supplier of wheeled loaders, and as one of the market leaders in China. The company has followed a path of diversification in recent years however, significantly widening its product range and with its excavator business in particular proving successful and taking a substantial share of the Chinese home market. Other Lonking products rolling off the produ
    Read More
  • Driverless car created at Oxford University
    February 18, 2013
    Scientists at Oxford University in England have developed a driverless car system that can be installed in existing cars. A Nissan Leaf electric car has been used to test the system developed by a team headed by Professor Paul Newman. The car can deal with adverse weather conditions and halts for pedestrians, as well as being able to take over from the driver when negotiating regular commutes or traffic jams. Professor Newman reportedly describes it as an advanced driver assistance system in essence, claimi
    Read More
  • New focus on hydraulics operations for Lonking
    January 6, 2017
    Lonking widening its product range and developing its hydraulics components operations - Mike Woof reports Shanghai-based Lonking is best known as a major supplier of wheeled loaders, and as one of the market leaders in China. The company has followed a path of diversification in recent years however, significantly widening its product range and with its excavator business in particular proving successful and taking a substantial share of the Chinese home market. Other Lonking products rolling off the produ
    Read More
  • First pure-EV available for consumers in China
    April 25, 2012
    With public EV charging infrastructure achieving critical mass in the city of Shenzhen, China, BYD has announced that its five-passenger, long-range, all-electric cross-over vehicle, the BYD e6, will be available for consumer purchases (previously available for fleet purchases). Consumers in Shenzhen will receive a substantial government subsidy — equivalent to about US$18,000 – and the final price to consumers will be around US$38,500.
    Read More

Highlighted Content