Electric and hybrid vehicle sales in Mexico increased 58% in February compared to last year, marking 17 months of consecutive growth, according to figures from the national statistics agency INEGI.
With 7,248 units sold, vehicles with some form of electrification (including hybrids, electric vehicles and PHEVs) accounted for 6.4% of total light vehicle sales in Mexico in February, which totaled 113,258 units. This figure was a record market share for electric vehicles for that month. However, it is lower than the 6.6% of sales recorded in January and the 7% of sales recorded in December.
Electric vehicle sales are still somewhat of a rarity in Mexico — likely due to their price points — but Mexicans have tax and other kinds of incentives to encourage them to make their auto purchases greener.