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With the fastest growing car fleet in the world, Latin America has reason to accelerate the transition to electric vehicles. Costa Rica, with its strong commitment to tackling climate change, is positioning itself to vastly expand EV use in the next five years.
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At the Fourth Annual Latin America Clean Transport Forum on September 27, government officials, private sector leaders, and international researchers gathered in Buenos Aires to discuss the challenges and opportunities for electric vehicles and what global and regional lessons can be used to foster their growth in Argentina.
Electric mobility would bring a host of benefits to Latin America. Countries like Chile are taking the lead in adopting electric buses and promoting private use of electric vehicles. Yet hefty price tags and a lack of charging infrastructure are among the barriers that must be surmounted for widespread uptake in the region.
Electric vehicles (EV) play an essential role in mitigating transport sector emissions, reducing air pollution, slashing reliance on oil imports, and improving urban mobility. The six nations of Central America covered in this publication—Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, and Panama—are all at differing stages of developing EV markets.
