How much does an EV cost in Costa Rica?
As of now, there are 11 electric vehicle models priced under $25,000 in Costa Rica—compared to just six in neighboring Colombia. The Geometry E, in particular, ignited a price war that pushed Costa Rica’s EV market to new heights. This model is now $2,000 cheaper than when it was first introduced, a significant factor in the market’s growth.
How much does a Jac EV cost in Costa Rica?
Take the JAC E30X, for example—it costs $22,000 in Costa Rica but $24,500 in Mexico. Similarly, the JAC eSei4 sells for $28,000 in Costa Rica, while it’s priced at $37,500 in Mexico. This kind of competitive pricing is what drives Costa Rica’s diverse and thriving EV market. Costa Rica’s EV success isn’t just about low prices, though.
Does Costa Rica have an electric vehicle market?
The first six months of 2024 saw Costa Rica’s electric vehicle market surpass a 15% market share. That’s impressive enough, but what really grabs attention is what happened in July. EV registrations in the country spiked by an unbelievable 197% year-on-year. That’s right—nearly double the sales from July of the previous year.
What is Costa Rica's EV market share?
This surge has propelled Costa Rica’s EV market share for July to a whopping 27%, well beyond expectations, bringing the year-to-date figure to around 16-17%. To put this into context, Costa Rica’s EV sales in the first seven months of 2024 are already 10% higher than the entire EV sales of 2023, when the market share was 11.7%.
Is Costa Rica a good place to buy an EV?
Costa Rica offers a range of EVs at prices that make other markets jealous. As of now, there are 11 electric vehicle models priced under $25,000 in Costa Rica—compared to just six in neighboring Colombia. The Geometry E, in particular, ignited a price war that pushed Costa Rica’s EV market to new heights.
Is Costa Rica a good place to buy an electric car?
Costa Rica’s EV success isn’t just about low prices, though. The country has relatively high gas prices, around $5 per gallon, which makes the switch to electric vehicles an even more attractive option.
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