According to data from the National Institute of Statistics and Geography (INEGI), 9,300 fully electric cars and 11,000 plug-in hybrids were sold in Mexico during the first quarter of 2025, representing a total of 20,500 electrified vehicles.
These figures mark a 300% growth compared to 2024 and reflect the sustained progress of sustainable mobility in the country.
Despite the increase, electric cars still represent just 5% of all new cars sold in Mexico, indicating that their market presence is still limited. However, in the mid-to-high-end segment (vehicles priced over 500,000 pesos), their share is much more significant.
Of the nearly 300,000 vehicles sold in the quarter, only 9,000 sold over half a million pesos, but a quarter of them (25%) were electric. This shows that, although the overall market for this type of vehicle is still small, adoption is rapidly advancing among affluent consumers.
More affordable options like BYD’s Dolphin MINI ($399,800), considered one of the most affordable electric cars in Mexico, are beginning to pave the way for this technology to become more accessible to everyone.
As prices drop and charging infrastructure improves, this type of vehicle is expected to gain ground in other market segments.
Source: LJA
