For a country with a burgeoning electric vehicle (EV) Market, making the correct policy, infrastructure, and production decisions now could spur adoption in the coming years. There have been early signs of industry growth, but adoption rates remain low. In 2022, fewer than 500 electric vehicles were sold in Argentina. However, the combination of new import policies, domestic manufacturing and charging companies, and the lessons learned from neighboring countries all point to a shift to electric vehicles in the coming years.
Argentina is one of many countries on the receiving end of the falling costs of Chinese-manufactured EVs. This has partly been the result of the Argentine government reducing tariffs on imported cars, allowing for the import of up to 50,000 electric and hybrid cars per year. While the import of cheap Chinese vehicles will undoubtedly boost the number of EVs in the country, there is fear that it will harm the new domestic manufacturing market. The largest current domestic manufacturer of EVs in Argentina is Coradir, which manufactures the Tito. This car is specifically designed for urban centers, with a maximum speed of 40 mph and a price of $15,000 USD. For urban centers with large populations and concerns about air quality, this could be an excellent product to increase scale. However, the low-cost imports could put significant pressure on the domestic manufacturing capabilities.
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