Mexico EV Sales Report: It Turns Out, Official Data Has Been Underreporting Sales, and Mexico's EV Market Is Further Ahead than We Expected! - CleanTechnica

The article reveals that official data on electric vehicle (EV) sales in Mexico has significantly underreported the market’s actual performance. Initial reports relied on data from the Mexican Automotive Association and the country’s Statistical Institute, which underestimated EV sales. New information sourced directly from brands and Mexican media indicates that over 40,000 EVs were sold in Mexico through 2025, more than doubling prior estimates and representing a 170% growth from the first half of 2024. Plug-in hybrid electric vehicles (PHEVs) make up about 55% of sales, with battery electric vehicles (BEVs) accounting for the remaining 45%. Mexico’s EV market share reached 6.4% in late 2024, briefly surpassing 8%, and positioning Mexico as the fifth Latin American country to exceed 5% EV market share, closely trailing Brazil. BYD emerges as the dominant player, reportedly accounting for around 57% of total EV sales in 2024, with Tesla