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

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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.

 

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