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A New Wave of Affordable EVs Are Landing on Latin American Shores. Let's Check Some of Them! - CleanTechnica

A New Wave of Affordable EVs Are Landing on Latin American Shores. Let's Check Some of Them! - CleanTechnica
Source: cleantechnica
Author: @cleantechnica
Published: 7/6/2025

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The article discusses the recent surge of affordable electric vehicles (EVs) entering Latin American markets, highlighting key developments in Costa Rica, Chile, and Colombia. Initially, Chinese EVs like the BYD E6 trickled into the region, but mainstream adoption accelerated in late 2023 when Geely launched a price war in Costa Rica with its Geometry E model. BYD followed in Brazil, Mexico, Colombia, and Uruguay, while Tesla led in Chile in early 2024. This price competition spurred rapid market share growth, though momentum has somewhat slowed recently. Nonetheless, new affordable EV models continue to be introduced, signaling ongoing expansion. In Costa Rica, Geely introduced the Geome, its first model sold outside China, replacing the Geometry 3. Priced at $22,900 (taxes included), the Geome offers a 40.16 kWh battery and 113 hp motor, positioning it competitively against similarly priced internal combustion engine vehicles (ICEVs) like the

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energyelectric-vehiclesEV-marketbattery-technologyLatin-Americaclean-transportationsustainable-energy