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Sayali Bhelke
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Electrifying Latin America: Trends and Growth in the EV Market | #latin America Electric Vehicle Market # Latin America Electric Vehicle Industry # Latin America Electric Vehicle Market Size # Latin America Electric Vehicle Market Analysis

Electrifying Latin America: Trends and Growth in the EV Market
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Electrifying Latin America: Trends and Growth in the EV Market

The market for electric vehicles in Latin America was estimated to be worth USD 1.10 billion in 2023. From 2024 to 2030, the market is projected to develop at a compound annual growth rate (CAGR) of 14.32%, reaching roughly USD 2.81 billion.