1、 _ 2024/SOM2/AD/019 Agenda Item:3.13 Colombian Automotive Market Overview and Policies for the Growth of Electric Vehicle and Hybrid Electric Vehicle Market Purpose:Information Submitted by:Colombia 39th Automotive Dialogue Arequipa,Peru 9-10 May 2024 COLOMBIAN AUTOMOTIVE COLOMBIAN AUTOMOTIVE MARKET
2、 OVERVIEW AND MARKET OVERVIEW AND POLICIES FOR THE GROWTH OF POLICIES FOR THE GROWTH OF EV AND HEV MARKETEV AND HEV MARKETNational Association For Sustainable MobilityANDEMOS,ColombiaColombianColombian VehicleVehicle MarketMarketOverviewOverviewColombias motor vehicle fleet is just under 18 Colombia
3、s motor vehicle fleet is just under 18 million vehicles in 2022million vehicles in 20222023 2023 ColombianColombian Automotive Automotive MarketMarket FactsFacts Around 187.000 vehicles were sold in 2023(notincludingmotorcycles),-29.9%differencecompared to 2022 16%of all last years sales were BEVs a
4、nd HEVs.13.1%increase compared to 2022.The total Colombian motor vehicle fleet averages18 years of age.Colombia has a low vehicle ownership rate,withonly 5 vehicles per 1000 inhabitants.LatinAmericaisaround10vehiclesper1000inhabitants Bogot,the capital city of Colombia,ranks as theworlds second most
5、 congested urban area*Tom Toms Traffic Index 2020CurrentCurrent situationsituation onon VehicleVehicle SectorSector Vehicle sales have experienced a sharpdecline of approximately 30%since 2022 An inner political situation has generateduncertainty and high interest rates.Thoseare considered the key i
6、ssues.It is hoped that by the second half of thisyear,interest rates will be lower tostimulate increase sales.ColombianColombian Electric and Electric and HybridHybridElectric Electric VehiclesVehicles PoliciesPoliciesTransitionTransition toto Cero Cero EmissionEmission VehiclesV