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Latin America EV Sales Report: With Over 200,000 Units Sold in Q3, EVs Now Stand at 12% Market Share!
Through 2026, EVs have gained significant momentum all over the world (safe for the US), and Latin America has been no exception.
AI Summary
Latin America sold 220,000 electric vehicles in the third quarter, marking a 140 % increase over the prior period and contributing to a 120 % year‑to‑date rise that pushes total 2026 sales above half a million units. The region’s rapid growth suggests it could exceed 700,000 units by year‑end and possibly reach 800,000. If the trend continues, Latin America may overtake total U.S. EV sales as early as the first quarter of 2027, though the author notes a preference for stronger U.S. market growth.
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