Chinese OEMs’ Expansion, Digital Sales Strategies, and Growing Electric Vehicles (EV) Adoption to Transform Select Caribbean and Central American Automotive Markets
Frost & Sullivan
SEPTEMBER 18, 2024
BYD has emerged as the frontrunner, forming strategic partnerships such as its collaboration with ATL Automotive to expand its presence in the region. By 2030, SUVs are anticipated to account for 50% of total vehicle sales, driven by stable fuel prices and favorable banking and financial services.
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