Story perspectives
China Dominates South America's EV Market Amid U.S. Tensions
11/20/2025
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China Dominates EV Market
- China expands in South America's EV market, with growth in Peru, Chile, and Uruguay.
- The Port of Chancay in Peru has become a key vehicle hub.
- In Peru, EV sales rose 44% year-on-year due to affordable Chinese models.
- BYD Co. Ltd. leads EV sales in Brazil, Colombia, and Uruguay, doubling its market share.
- The United States military's presence in the Caribbean prompts China to urge non-interference in Venezuela.
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