Registration of electric and hybrid vehicles in Colombia grew 164% in October

According to a report by industry associations ANDI and Fenalco, 657 hybrid and electric vehicles were registered in Octobe, a 163.9% YOY growth. EV and hybrid vehicles are forecast to 5,000 units at the end of 2020. Hybrids have 89.8% of the market of alternative vehicles, while electric ones remain with 10.2%.

Source: Valora Analitik