Chile EV Sales Report: Tesla & BYD Join Forces to Bring the EV Market to New Highs with 500% Growth YoY in May

  • 📰 cleantechnica
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Chile EV Sales Report: Tesla & BYD Join Forces to Bring the EV Market to New Highs with 500% Growth YoY in May

On paper, Chile has everything to be the Latin American leader in electrifying mobility. It’s relatively small and wealthier than most other countries in the region, it has abundant renewable electricity, and it lacks meaningful oil reserves, so there’s a huge financial incentive to curb those expensive oil imports with EVs.

Since I don’t believe the brand has suddenly lost all its appeal, this is more likely to mean it ran out of stock. Leading the market during the first five months of the year we find the Tesla Model 3 — the Model Y had to stand off the podium this time, only reaching fourth place — and in #3 we have the BYD Dolphin Mini.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 565. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BOE policy meeting, tech stocks, Tesla's EU sales - what's moving marketsBOE policy meeting, tech stocks, Tesla's EU sales - what's moving markets
Source: Investingcom - 🏆 450. / 53 Read more »