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
Overall sales across 10 Caribbean and Central American automotive markets set to surpass 300,000 units by 2030, with battery electric vehicles (BEVs) doubling their share from current levels. BYD has emerged as the frontrunner, forming strategic partnerships such as its collaboration with ATL Automotive to expand its presence in the region.
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