Shenzhen, China - 1200 units of BYD YUAN Pro EVs (known locally as S1 PRO) are exported to Costa Rica this year. This batch of BEVs sets a new sales record in Latin America for BYD. Daniel Rosenstock, a member of the Board of Directors of Cori Motors, the official distributor of BYD in Costa Rica, s Contact online >>
Shenzhen, China - 1200 units of BYD YUAN Pro EVs (known locally as S1 PRO) are exported to Costa Rica this year. This batch of BEVs sets a new sales record in Latin America for BYD. Daniel Rosenstock, a member of the Board of Directors of Cori Motors, the official distributor of BYD in Costa Rica, said: "the BYD YUAN Pro is a milestone in the
Latin American markets are not particularly growing, and already, local examples such as Costa Rica and foreign ones such as Thailand have shown that with adequate pricing, new EV brands can...
Currently, Costa Rica sells approximately 150,000 petroleum-fueled vehicles a year (pre-pandemic), and the latest figures (March 2021) indicate EV sales of 1606 electric cars, 625 electric motorcycles and 1,218 special use vehicles (such as golf carts).
In 2024, the volume weighted average price of Battery Electric Vehicles market in Costa Rica is expected to be US$62.5k. From an international perspective, it is evident that China will...
Neta Auto, the electric vehicle (EV) brand of Chinese company Hozon Auto, is bringing its vehicles to a new market as it continues to advance its gloChinazation strategy.
Shenzhen, China- 1200 units of BYD YUANProEVs (known locally as S1 PRO) areexported to Costa Rica this year. This batch of BEVs setsa new sales record in Latin America for BYD.
Daniel Rosenstock, a member of the Board of Directors of Cori Motors, the official distributor of BYD in Costa Rica, said: "the BYD YUAN Prois a milestone in the history of electric vehicles in Costa Rica and Central America. As the favorite electric vehicle of Costa Ricans, this model gainswidespreadacceptance from both individual consumers and multinational enterprise buyers. BYD provides safe and durable blade batteries for new energy vehicles and a high-quality service guarantee for customers. Cori Motors has achieved a solid positioning in the Costa Rican market. We believe that our cooperation with BYD can better promote the popularization of electric vehicles in this region."
The YUANProis designed with BYD''s latest Dragon Face 3.0 design, with large and thick tires. The smooth body lines outlinethe whole vehicle, giving it a dynamicandlively appearance. In terms of performance, the YUANPro is equipped with a lithium iron phosphate Blade Battery and a permanent magnet synchronous single motor, with a maximum power of 100kW and a maximum torque of 210N·m. It has a range of 401km(NEDC)and can acceleratefrom 0 to 50 km/h in only 3.9 seconds.
JorgeMartínez,asportsanchorofTeleticainCostaRicaand an owner of a BYD YUANPro, said: "The design of the YUANPro is fashionable and full of vitality. The car issuitable for intercity travel, so I like driving itto do outdoor sports. Each time I think about how electric vehicles can reduce environmental pollution, I am more certain that mydecision to buy new energy vehicles is very meaningful, and itgives me a vision of a better future."
YokastaValle,aCostaRicanprofessionalboxerandtheIBFfemaleminiflyweightWorldChampion, said: "I always travel to attend competitions and go on business trips, and owning an electric car reduces my travel costs and improves my travel experience."
As the leader in decarbonizationin Latin America, Costa Rica has introduced a national decarbonization plan and is expected to have70% of publictransportrunning onelectricityby2035. BYD provides a wide range of electric vehicle products in line with the demand of the local market. According to the official data, BYD has ranked first in Costa Rica''s new energy vehicle market for three consecutive years. In the first quarter of 2022, BYDaccounted for about 50%of the local NEVs market, with a year-on-year sales growth of 220%.
In the future, BYD will continue to work with Cori Motors, the distributorin Costa Rica, to promote the aim forzero-emission mobilityand contribute togreen travelin Costa Rica.
Official websites use .govA .gov website belongs to an official government organization in the United States.
Secure .gov websites use HTTPSA lock ( ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.
Costa Rica has created incentives to purchase EV''s in the market, either used or new, this new trend is compatible with its green vision of the country and the carbon free plans and represents an opportunity for the U.S. electric vehicle sector.
Costa Rica has a well-developed renewable energy infrastructure that started with building large hydro dams during the last century. The Costa Rican government is promoting electric vehicle imports and their use. Costa Rica currently generates over 99% of the country''s electricity from renewable sources: hydro, wind, geothermal and solar.During non-peak demand hours, Costa Rica even generates an excess of electricity supply.
The main government policy maker and generator, I.C.E. (Costa Rican Institute of Electricity) has changed part of its own fleet (100 vehicles) to EV''s. The government has created incentives to promote electric transportation adoption through zero import duties for new cars creased use of EV’s should enhance the country''s already strong "eco-friendly" image.Currently, Costa Rica sells approximately 150,000 petroleum-fueled vehicles a year (pre-pandemic), and the latest figures (March 2021) indicate EV sales of 1606 electric cars, 625 electric motorcycles and 1,218 special use vehicles (such as golf carts).
In December 2017 the Costa Rican National Assembly approved the Law 9518 for incentives towards electric transportation and EV use, including tax exemptions on consumption, sales and customs for imports. An additional incentives package was added in 2018 and not only includes tax cuts on imports, but also key perks such as elimination of license plate driving restrictions, waiving payment of yearly road permits and free parking in designated areas. Given the new law and the renewed focus on green transportation, this has been an opportunity to expand EV sales throughout the country.
Currently, new or used EVs circulating in Costa Rica include the following brands ; Audi, BMW, ByD, Chery, Chevrolet, Dulevo, FAW, Fiat, Ford, KIA, Great Wall, Hyundai, JAC, Jaguar, MG, Maxus, Mitsubishi, Nissan, Renault, Reva, Smart, Tesla, Volkswagen, Yema, Xpeng and Yudo. Imports of EVs grew 23% during 2020 and the Costa Rican government expects to have over 15,000 EV''s in circulation by 2023.
According to the Costa Rican Electric Mobility Association (ASOMOVE), there are 37 quick chargers and 110 semi quick chargers in the country. Electromaps reports 142 locations and 190 connectors. Despite the increasingly better charging infrastructure, there is still a lot of space for growth, specially with the private sector.
International Trade AdministrationU.S. Department of Commerce1401 Constitution Ave NWWashington, DC 20230
TheInternational Trade Administration,U.S. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S. industry, and ensuring fair trade and compliance with trade laws and agreements. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. This site contains PDF documents. APDF readeris available from Adobe Systems Incorporated.
Statista R identifies and awards industry leaders, top providers, and exceptional brands through exclusive rankings and top lists in collaboration with renowned media brands worldwide. For more details, visit our website.
Key regions: United Kingdom, Japan, Netherlands, France, United States
Powered solely by the electricity stored in their high-voltage batteries, battery electric vehicles (BEVs) are either driven by a single unit or a combination of (alternating current or direct current) electric motors, typically with electric power above 60kW. BEV engines are characterized by continuous torque delivery over a broad speed range from zero km/h and less complex management systems, which are needed in internal combustion engine (ICE) vehicles to control emissions (less complex drivetrain compared to ICEs). Additional systems like a starter motor, gearbox, and exhaust (tailpipe) are absent in battery electric vehicles.
About Costa rica china electric vehicle market
As the photovoltaic (PV) industry continues to evolve, advancements in Costa rica china electric vehicle market have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
When you're looking for the latest and most efficient Costa rica china electric vehicle market for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.
By interacting with our online customer service, you'll gain a deep understanding of the various Costa rica china electric vehicle market featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.
