Chinese-made cars are displayed at the Movicenter car showroom, in Santiago, on July 25, 2024. — AFP pic
‘A question of survival’
In Mexico and Brazil, Latin America’s biggest car producers, China is also making inroads.
Chinese giant BYD is building its largest electric car plant outside of Asia in Camacari, northeastern Brazil, with a targeted production capacity of 150,000 units every year.
In Latin America, Chinese cars, which tend to be cheaper than rivals, have enabled segments of the middle- and low-income population to buy their first vehicle, said Sebastian Herreros, an economist at the Economic Commission for Latin America and the Caribbean (ECLAC).
A Chinese-made car is tested at the Movicenter car showroom, in Santiago July 25, 2024. — AFP pic
It has also allowed the introduction of cleaner engine technologies in polluted metropolises such as Santiago, Bogota and Mexico City.
“All our countries must adopt electro-mobility quickly, it is almost a question of survival,” said Herreros.
“China is an ideal partner: it has the necessary production capacity and offers competitive prices.” — AFP
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Publish date : 2024-08-24 12:00:00
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