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

  • SANY occupies a strong position in China as well as worldwide
    January 6, 2017
    SANY president Wenbo Xiang is confident for the firm’s future as a major international player - Mike Woof reports One of China’s biggest and most powerful companies, the SANY Group is looking to further expansion.
  • SANY occupies a strong position in China as well as worldwide
    November 12, 2014
    SANY president Wenbo Xiang is confident for the firm’s future as a major international player - Mike Woof reports One of China’s biggest and most powerful companies, the SANY Group is looking to further expansion.
  • Morocco’s new motorway links are boosting connectivity
    December 16, 2014
    Morocco’s massive motorway construction programme will improve transport connections and boost this North African country’s economy - Mike Woof reports A massive road building programme is transforming Morocco, with new motorways connecting cities and major towns, as well as many new rural roads being built. The Moroccan Government has set an impressive plan for its infrastructure investment that will see even the country’s small and remote villages having proper connections to the main road network. The
  • Healthy sales for Volvo CE
    October 18, 2023
    Volvo CE’s earnings are strong and stable for the third quarter