The electric car revolution in Colombia: record sales and a transition that's going full speed ahead

  • Four out of ten vehicles registered in Colombia already have hybrid or electric technology.
  • Tesla consolidates its absolute dominance with the Model Y as the best-selling car in the entire market.
  • The Government is facilitating the transition by offering a full VAT refund to individual buyers.
  • Bogotá and Medellín remain the epicenters of clean mobility infrastructure and adoption.

Electric cars driving in Colombia

It seems the Colombian automotive market has decided to fully embrace sustainability this year. What was once seen as something from the future or reserved for a select few with deep pockets has become commonplace in dealerships across the country, where people are moving away from traditional combustion engines. to dive headfirst into much cleaner models and efficient.

Things are heating up, and the figures for the first six months of this year have left more than one person speechless, exceeding all previous expectations. It's not just that more cars are being sold, but that the way people get around is fundamentally changing, demonstrating that commitment to the environment It is no longer just talk, but a palpable reality in the streets of major cities.

The global fleet of electric vehicles reduces oil consumption by 1,7 million barrels per day.
Related article:
The global fleet of electric cars is already cutting 1,7 million barrels of oil per day.

A semester that breaks all the molds in enrollment

Row of hybrid vehicles at a dealership

If we take a look at the official figures, the numbers don't lie: between January and June, more than 157.000 new vehicles were registered, representing a jump of over 50% compared to the previous year. The most striking thing about this sales boom is that Electric cars have grown by 235%., a real madness that makes it clear that the fear of running out of battery is slowly fading away.

Hybrids, for their part, are also thriving, having seen a 74% increase and solidifying their position as the preferred option for those who haven't yet taken the plunge. The truth is that, as of today, four out of ten new cars those who go out on the road in Colombia already carry some kind of electrification under the hoodSomething that just a couple of years ago would have seemed like an impossible dream.

electric car sales
Related article:
Electric car sales: how the market is progressing in Spain and Europe

Tesla and the brands that are calling the shots

Charging point for electric cars

In this turbulent landscape, one name stands out more than the rest: Tesla. Elon Musk's brand has entered the country like a bull in a china shop, positioning its Model Y as the best-selling vehicle of the entire semester With almost 8.500 units delivered, it's a staggering figure, especially when competing with much cheaper models and traditional gasoline engines.

But the Colombian market isn't just about Tesla, as brands like BYD, Kia and Toyota They're putting up a good fight in the overall standings. While Tesla is unrivaled in the pure electric segment, the battle is fierce in the hybrid world, with the Mazda CX-30 leading the table closely followed by the Toyota Corolla Cross. Ultimately, there are options for all tastes and budgets, which is helping to make technology accessible to more people.

BYD is on track to overtake Tesla in electric vehicle sales
Related article:
BYD is getting closer to overtaking Tesla in electric car sales

Besides the variety of models, there's a key factor encouraging many undecided buyers to take the plunge: tax benefits. Right now, buying one of these cars is a very attractive deal, since the Colombian Tax and Customs Authority (DIAN) has confirmed that individuals can... request a refund of 5% of the VAT paid for by the vehicle. This, plus the fact that you forget about mobility restrictions like 'Pico y Placa' (peak and plate), makes the numbers work out much better at the end of the month.

We can't forget that this entire rollout is concentrated mainly in large urban centers like Bogotá and Medellín, where the charging network is most developed. However, there's still a long way to go before you can travel to any remote corner of the world without worrying about charging. range in electric cars, The infrastructure is growing at a good pace. And private companies are working hard to make charging your car as easy as inflating your tires.

The reality is that the automotive landscape has undergone a complete transformation, and everything points to us ending the year with a sales volume that will mark a historic milestone for the national industry. With more than 69.000 electrified vehicles already on the road this year, it's clear that the energy transition has ceased to be a long-term project and has become a reality. the engine that drives the economy of the transport sector today.

BYD surpasses Tesla in electric vehicle sales
Related article:
BYD overtakes Tesla in electric car sales

Add as preferred source