growth year on year. But as good an omen as these numbers are, once you read the articles, you realize this amazing growth has only been possible because of a very low departing base: for example, Brazil’s BEV market share was only 0.3% in April 2023, so 1,100% growth brought it to 3% in April 2024: amazing growth for sure, and a sign that there is EV momentum, but not the signal of an immediate EV takeover of the Brazilian market.
The first five months of 2024, it seemed like this would be a reasonable year for Uruguay, with ~200% growth YoY and constant increases month on month, perhaps closing the year somewhere around 7% market share.EV sales exploded: 477% growth YoY led to an impressive 15% market share. BEVs now amount to nearly 1 in every 6 cars sold in the country , and due to generation being 99% renewable, their impact emissions-wise will be considerable.
Now, even though BYD has 5 models in the top 10 during June, its dominance can be mostly traced to only two models: the successful BYD Seagull, and the BYD Dolphin, branded BYD E2 in the local market. As in many other markets, the Volvo EX30 completes the podium thanks to its great value for money. As far as charging its EVs, Uruguay already has a decent charging network — though, early on, it deployed a lot of 40kW Type 2 AC plugs, and I don’t know how many of these cars can fast-charge using AC chargers .
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