Nazareth Black, CEO of Zacua, indicated that the demand for electric vehicles is still very low in Mexico, but it is difficult for Mexican manufacturers to compete against cars of Chinese origin.
National manufacturers ask for a progressive VAT rate for electric vehicles starting at zero percent in 2024 and increasing gradually over the next 16 years.
It is necessary for the country's authorities to eliminate tariffs on the import of electric vehicles so that the Mexican industry has the opportunity to compete against foreign markets, especially with China , said Nazareth Black, CEO of Zacua , the first Mexican brand of electric cars.
The CEO of the company pointed out that Mexico faces a historic moment in which it will define whether it will be an importer of electric vehicles or if it will also be an important player in the manufacturing of this type of transportation. "It will depend a lot on what the decision makers do, local manufacturers face various difficulties, it is difficult to produce in series since the demand for electric vehicles is still very low and it is difficult for us to compete with China , which is very strong," said the company. specialist during the forum “Building the new energy policy towards 2024” organized by the Senate of the Republic.
Therefore, the directive proposed two actions to advance the national electric vehicle market. “First, I ask in the most respectful way that the tariff exemption period is not extended and that attention be paid to stimulating national manufacturers, and secondly, establish a progressive VAT rate for electric vehicles starting at 0 percent. in 2024 and gradually increase it by 1 percent for the next 16 years, this will allow electromobility to be promoted in Mexico,” he noted.
On the other side of the coin, Michael Ren , commercial director of Yutong Mexico, pointed out that the Chinese market has managed to sell more than 172 thousand electric buses around the world , which has helped reduce emissions. "In Mexico we have a presence on Metrobús line three, electromobility is not in Chinese, we are collaborating with the whole world to advance the energy transition," he stressed.
On the other hand, Daniel A. López , Chief Commercial Officer of Evergo, pointed out that the electric vehicle market is entering a stage of maturity, since, in 2022, for the first time in the history of Mexico, more electric vehicles will be sold. what hybrids. “Private companies no longer buy fleets of two vehicles, if that could be called fleets, we already have clients who are buying 600-800 vehicles because technology is evolving, it already makes business sense for many clients,” he said.
The Evergo company has installed eight out of every 10 chargers that exist in Mexico , “At the residential level we have installed 125 thousand chargers,” he highlighted. However, he regretted that the delay in managing permits to install charging stations affects the business model. “We have stations stopped for a year with investments of between 15 and 20 million per site,” he denounced.
He announced that they plan to make investments of 200 million dollars over the next five years to create public charging infrastructure in Mexico. With this investment, it is intended to install 5 thousand charging points.
Have a question or need more information about our services? Fill out the form below, and one of our experts will get back to you soon.