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

  • Chinese excavator sales
    June 24, 2014
    Chinese construction machinery has been affected by excess production but there is potential for market development opportunities in 2014. Data from the excavator industry shows that the first quarter of 2014 has seen recovery, compared with 2013 and 2012. According to China Construction Machinery Association (CCMA), excavator sales for February hit 9,410, 55.3% above last year’s level. The leading domestic brands included Liugong, Sany, Sunward and XGMA while the leading foreign brands included Caterpi
  • US$75,632 pint of beer illustrates UK drink-drive conviction cost
    February 28, 2013
    A US$75,632 (£50,000) pint of beer was being unveiled in London, England today as part of the Government’s latest THINK! campaign highlighting the impact of a drink-drive conviction. The Institute of Advanced Motorists (IAM) has calculated the personal financial cost of drink-driving for the first time, pricing it between $30,253 (£20,000) and $75,632. The calculation reflects the fines, legal costs, rise in insurance premiums and possible job losses faced by those who are convicted. The pricy pint, housed
  • CECE: Even flat 2013 Europe machine sales appear “out of reach”
    June 17, 2013
    Preventing a decline in European construction equipment sales in 2013 appears to be “out of reach”, according to the Quarterly Economic Bulletin from the Committee for European Construction Equipment (CECE). The Q1 2013 bulletin from the lead organisation for representing and promoting the European construction equipment and related industries states that “far beyond anticipated” first quarter sales declines were likely due to a particularly long and cold winter in many parts of Europe and the industry awai
  • Innovative solutions to earthmoving needs
    January 17, 2013
    Several manufacturers are offering improved earthmoving machines, with more to come - Mike Woof reports One of the most notable developments comes from Caterpillar, with the unveiling of a hybrid excavator in the shape of its 336E H model. The machine is having its public launch at the bauma exhibition in Spring 2013 and will start rolling out of the factory in March 2013, while customers will be able to place orders from February 2013. Unlike other hybrid excavators on the market at present, the Cat 336E