Mexico’s automotive landscape is undergoing a profound transformation, rapidly electrifying its roads and solidifying its position as a critical player in the global electromobility sector.

The first half of 2025 has cemented a trajectory of aggressive growth for Mexico’s EV industry. While 2024 was a year of significant expansion, marked by an 83.8% increase in total electrified vehicle sales (EVs and PHEVs combined) over 2023, the momentum has only intensified. According to data from the Electro Movilidad Asociación (EMA), which launched in March 2024 with the ambitious goals of reaching 50% EV sales by 2030 and 100% by 2035, the numbers for early 2025 are exceptionally promising.

However, it’s crucial to note a nuanced trend: While overall electrified vehicle sales are booming, hybrid vehicles (HEVs, not included in EMA’s pure EV/PHEV count as they are not zero-emission in use) continue to dominate the “new technology” car sales. From January to May 2025, hybrids accounted for a substantial 78.22% of these sales, followed by BEVs at 14.24% and PHEVs at 7.54%.

On the production front, Mexico is rapidly transforming into a manufacturing powerhouse. EV production saw an impressive 72.27% increase in the first months of 2025 compared to the same period last year. The country is projected to manufacture over 250,000 electric units by the end of 2025, a 21.17% increase over 2024 figures. This growth is bolstered by a significant expansion in the supply chain, with over 439 companies now active in the sector, marking a 37.1% increase in just seven months.

Despite the impressive sales and production figures, the expansion of charging infrastructure remains a critical bottleneck. As of 1Q25, Mexico boasted 47,456 EV charging points. While this marks a 5.5% increase from the end of 2024, the vast majority — 92.5% — are private, leaving only 7.5% publicly accessible. This glaring disparity, coupled with a concerning ratio of 41 vehicles per public charger (compared to a global average of 2.6 vehicles per charger as of 2023), highlights the urgent need for a more robust and evenly distributed public charging network.

The Mexican government and private sector are actively working to address these challenges through a combination of policy initiatives and strategic investments. Legislatively, Mexico is at a pivotal moment. Two key bills are under debate: an amendment to the General Law on Mobility and Road Safety to integrate sustainable transport principles, and a more comprehensive, standalone Law for the Promotion of Electromobility. Foreign direct investment continues to pour into Mexico’s EV sector, particularly from Chinese automakers. Companies like BYD are making aggressive moves, aiming to double their sales in Mexico to 80,000 units in 2025 (up from 40,000 in 2024) and significantly expand their dealership network.

Looking ahead, the remainder of 2025 will be a critical period for the Mexican EV industry. We can anticipate: continued sales growth, infrastructure acceleration (public focus), policy maturation, increased domestic production and nearshoring, addressing cost barriers, focus on energy grid integration.

Mexico’s electromobility sector is undergoing revolutionary transformation. Soaring sales/ production, policy support, and foreign investment paint an optimistic outlook. Despite challenges in charging access, cost, and standardization, collaborative efforts by EMA, government, and businesses are breaking barriers. By 2025, Mexico will solidify its regional EV leadership, advancing environmental and economic sustainability. Continued collaboration is needed, but the momentum is unstoppable as it powers toward an electric future.

Source: https://mexicobusiness.news/automotive/news/mexicos-electric-vehicle-revolution-update-2025