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Hybrid and electric car sales grow in the country

2021-09-15T20:08:20.053Z

So far this year, 3,760 patents have been registered, which is equivalent to a year-on-year increase of 133%.



09/15/2021 4:51 PM

  • Clarín.com

  • Cars

Updated 09/15/2021 4:54 PM

The Association of Automotive Dealers of the Argentine Republic (ACARA) reported that between January and August 2021,

3,760 hybrid and electric vehicles

were patented in the country

, representing a year-on-year growth of

133%

.

The ACARA report was published a day after the government renewed preferential import tariffs on cars of this kind of sustainable vehicle.

The monthly average of sales in 2021 exceeds 470 units, having reached a historical maximum in August, when

589 units

were sold

(22% more than the 483 registered in July).

If the monthly averages of the last three years are compared, in 2021 there were 2.6 times more patents than in 2019 and almost 1.4 times more than in 2020.

The Toyota Corolla is the nation's best-selling hybrid model.

Toyota in the lead

The Japanese brand is the company with the largest offer of hybrid vehicles, with six models that account for 86.6% of the market.

The

Corolla

is the

most patented hybrid model

so far in 2021, with 1,704 units.

It is followed by the

Corolla Cross

(911), and

RAV4

(540).

Toyota's offering is completed by the

C-HR

, the

Camry

sedan

, and the

Prius

, the world's best-selling hybrid.

For its part, Ford ranks

second

with a market share of 9.7%.

The brand offers two hybrid models:

Mondeo

and

Kuga

, which with 280 units ranks fourth in 2021 patents.

Lexus, Toyota's luxury luxury brand, ranks

third

with a 2% share and an offering comprised of six models: the IS, ES and SL sedans, and the UX, RX and NX SUVs.

Ford offers the Kuga and Mondeo (both hybrids) and ranks second with a 9.7% market share.

On the electric car side, Renault and Nissan, which offer the

Kangoo

and

Leaf

models

respectively, share the top spot with 10 patents each so far in 2021.

The offer is completed with the Audi e-tron (it will increase with the next arrival of the

RS e-tron GT

, its most powerful electric car), the Porsche Taycan and the models from Argentina's Sero Electric.

From ACARA they highlighted that the novelty of the report is that the first data of the electric motorcycle market in Argentina were incorporated, which "although it still looks very incipient, it is showing a very interesting dynamic, and this despite the fact that some regulatory issues need to be adjusted that make a good part of the sales go under the radar, by not being patented ".

The Nissan Leaf is the most patented 100% electric model alongside the Renault Kangoo.

This incipient market, for which there is still a lot of infrastructure development and consumer confidence, is strongly influenced, not only by improvements in technology but mainly by regulation that impacts the Total Cost of Ownership (TCO).

In Argentina, for example, the final sale price depends on the regulation that establishes the import duty and the CTP varies significantly in those jurisdictions where they enjoy tax preferences.

In the City of Buenos Aires, electric and hybrid vehicles are exempt from paying the automotive tax (patent), as in Río Grande (Tierra del Fuego), Neuquén and San Juan.

In Mendoza province, on the other hand, they have a 50% reduction on the same tax and in San Luis 75%,


which explains, in part, the geographical distribution of sales.

Look also

Porsche will manufacture in Chile a fuel that pollutes 90% less

Munich Motor Show: Volkswagen shows what its popular electric car will look like

Source: clarin

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