The number of electric and hybrid vehicles sold in Mexico has
grown since 2016. In 2021, 39,100 units were sold, of which 768
units were electric, 2,500 were plug-in hybrids, and the remaining
were hybrid vehicles. Now that the COVID-19 pandemic seems to head
to its conclusion, the industry is expecting electric and hybrid
vehicle sales to continue growing.

As of today, Mexico has 697 chargers distributed in 301
locations throughout the Mexican territory.

Mexico is the biggest manufacturer of motor vehicles in Latin
America. In order to take advantage of the installed manufacturing
capabilities, Mexico has in this sector and with the USMCA, new
investments that have come to Mexico for this industry. Relevant
electromobility companies are installing manufacturing facilities
in Mexico to attend the North American market.