March 21, 2023

/

Boost from China and growing demand: Electric car market in Peru

Fundación Andrés Bello

Photo: Electric Car recharging.jpg. By: Michael Movchin/Felix Müller. Source: WikiCommons.

SUNARP figures indicate that that the sale of electric and hybrid vehicles in Peru has grown significantly in recent years. In 2022, 2,680 units of these vehicles were sold, representing an increase of 84.21% over the previous year. Conventional hybrids were the most marketed, followed by pure electric and plug-in hybrids. Despite these advances, the Peruvian market still faces challenges regarding access to credit and the lack of charging stations.

China leads the global EV market, thanks to its industrial development and extensive network of charging points. Adoption of these vehicles has been slower in the Americas, but the growth of the global market is due to the participation of more manufacturers, incentives for innovation, the perception of sustainable consumption, and the implementation of laws favorable to their production. For the EV market to continue to grow in Peru, appropriate government measures will be needed to support the expansion of the charging infrastructure.

Top Headline:

La Cámara. Vásquez, L. (2023, February 28). Demanda de Vehículos Eléctricos Continúa creciendo en el Perú.

La embajada de las becas

September 30, 2026

The Embassy of Scholarships

Editorials, Guatemala 🇬🇹

La embajada de las cosas

September 22, 2026

The Embassy of Things

Editorials, Guatemala 🇬🇹, News & Analysis

China y Taiwán en el imaginario guatemalteco

September 21, 2026

China and Taiwan in the Guatemalan Imaginary

Editorials, Guatemala 🇬🇹

Learn more about the Andrés Bello Foundation

MEET THE TEAM

Team →

LEAVE US A MESSAGE

Contact →

FOLLOW US ON

STAY UP TO DATE
SUBSCRIBE TO OUR NEWSLETTER