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Latin America EV Sales Report: Over 100,000 Units Sold in Q4! - CleanTechnica

Latin America EV Sales Report: Over 100,000 Units Sold in Q4! - CleanTechnica
Source: cleantechnica
Author: @cleantechnica
Published: 2/5/2026

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The Latin America EV market saw a significant surge in Q4, with over 100,000 electric vehicle units sold, marking a 24% increase over previous records from late 2024 and mid-2025. This growth was driven predominantly by battery electric vehicles (BEVs), which rose by 47%, while plug-in hybrid electric vehicles (PHEVs) experienced only a modest 5% increase. Despite a notable decline in PHEV sales in Mexico, the region overall saw EV sales surpass 350,000 units in 2025, with BEVs making up 54% and PHEVs 46%. Market share for EVs increased to 5.6% for the year, up from 4% in 2024, with Q4 alone reaching 6.6%. Sales were heavily concentrated in Brazil and Mexico, which together accounted for 80% of regional sales, though these markets are more PHEV-heavy. BEVs accounted for about 66

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energyelectric-vehiclesLatin-AmericaBEVPHEVmarket-growthsustainable-transportation