Costa Rica Reached Highest EV Market Share In The Americas In 2022

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In 2022, Costa Rica managed to maintain its leadership within the Latin American region in terms of penetration of the segment of 100% ev

Costa Rica retained its leadership position within the Latin American region in 2022 with a record market share of 7.3% for the all-electric light passenger vehicle segment . As illustrated in the chart above, the BEV¹ uptake in Costa Rica also exceeded the market shares achieved in Canada and the United States ². Therefore, Costa Rica ranked as the country with the highest market share for the BEV segment in the Americas in 2022.

When accounting for sales of plug-in hybrid cars , Costa Rica kept the lead within the Latin American region, but at the continental level, Canada was ahead with a market share of 7.7% for the entire plug-in electric car segment . Colombia, Brazil, annd Mexico practically double their market shares when PHEVs are considered, but their uptake still remained below 2%.

 

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Is this an example of cultural narratives playing a role in faster adoption of sustainable technology?

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