2024-09-25 22:37:25
Between January and May 2021, 1,012 hybrid vehicles were sold in Ecuador. Between January and May 2024, on the eve of the start of the process of reducing the subsidy on extra and super gasoline, vehicle sales reached 5,712 units. The sale of electric cars has also tripled in the last four years.
As LA HORA has already reported, the automotive sector Overall, sales have continued to decline since mid-2023. Between January and May 2024, 8,544 fewer units were sold than in 2023. Only motorcycles have increased sales within the traditional offering.
However, if we analyze the segments of Hybrid and electric vehiclesthe situation is completely different. Since 2021, hybrid sales have increased almost fivefold. Between January and May 2021, 1,012 units were sold; but between January and May 2024, 5,712 units were reached, according to the latest bulletin from the Chamber of Automotive Industry (China).
In March 2024, prior to the increase in VAT from 12% to 15%, the monthly record for sales of hybrid vehicles in Ecuador: 1,585 units.
Thus, the situation of more taxes, and the imminent entry into force of a system of Reduction of the subsidy on extra and eco-country gasolineaccording to Carlos Viteri, an automotive entrepreneur, this creates a favorable context for further increasing demand for vehicles such as hybrids (which run on both fuel and electricity).
Among the best-selling hybrid vehicles are SUVs from brands such as Toyota, Kia, Chery and Mazda. Price ranges from $17,590 to the most expensive and luxurious $150,000.
One of the keys to the acceptance of more environmentally friendly vehicles has to do with tax incentives. Hybrids do not pay the Special Consumption Tax (ICE); while the electric ones do not pay the ICE, VAT or tariffs.
These incentives mean that both hybrid and electric vehicles have prices increasingly closer to traditional combustion vehicles, making them a more attractive option.
According to Cinae reports, 108 electric vehicles were sold during the first five months of 2021, while 487 units were sold in the first five months of 2024. That is, an increase of more than threefold.
In the case of electric cars, 95% of the demand is concentrated in the provinces of Pichincha, Guayas, Azuay, Tungurahua and Manabi.
One of the major obstacles to the development of the market electric cars There are just over 100 charging points, but 73% of those are slow charging points and are concentrated Guayaquil and Quito.
Among the best-selling electric vehicles are cars, SUVs and trucks from brands such as Nissan, Audi, BYD, Skywell the Dongfeng.
The price ranges from $20,900 to the most expensive and luxurious $150,000.
Even in the country, electric taxi models are already circulating, especially in Guayaquil, with a price of around $25,000. Energy savings can reach up to 70%. (JS)
Source: LA HORA newspaper