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Latin America’s EV Market Soars 55% in One Year

11/15/2025

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Summary

Story summary

The region's EV market share reached 6% in Q3 2025, up 55% from last year.
Colombia and Brazil are near 10% market share.
Uruguay and Costa Rica lead with over 15% EV share.
Argentina and El Salvador lag, each below 0.2%.
The Latin American Zero-Emission Observatory (ZEMO) aims to boost regional cooperation and promote sustainable transportation ahead of a webinar on November 18 that will discuss these developments.

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Story summary

The region's EV market share reached 6% in Q3 2025, up 55% from last year.
Colombia and Brazil are near 10% market share.
Uruguay and Costa Rica lead with over 15% EV share.
Argentina and El Salvador lag, each below 0.2%.
The Latin American Zero-Emission Observatory (ZEMO) aims to boost regional cooperation and promote sustainable transportation ahead of a webinar on November 18 that will discuss these developments.