Latin America Accelerates the Shift to Electric Fleets
Latin American countries are accelerating their transition to electric fleets through ambitious policies, growing adoption of electric vehicles (EVs), and increasing investments in infrastructure.
Several Latin American countries are reaching a decisive moment in the transition from diesel-powered to electric trucks. Regulatory pressure, environmental concerns, and fast-paced technological advancements drive the region’s transition, particularly in Colombia, Chile, Mexico, and Brazil. With increasing support for sustainable mobility, the landscape of EV fleet adoption is evolving quickly across these Latin American countries.
Ambitious projections set by the Latin American Energy Organization (OLADE) estimate that Latin America could reach 20 million electric vehicles by 2030. Achieving this goal would require approximately 47 TWh of electricity, 11 GW in renewable capacity, and infrastructure investments of up to $10 billion.
Strong national policies, such as Mexico’s national strategy, are supporting the transition to electric fleets transition in these countries. The strategy aims to completely phase-out combustion engine vehicle sales by 2040. In Colombia, for instance, Law 1964 mandates the progressive replacement of diesel buses with electric models, making it one of the few countries in the region with legally binding public procurement obligations.
Latin America currently has 4,848 public charging stations, an average of 3.3 chargers per 100 EVs, surpassing both the European and American averages. However, the widespread adoption of electric trucks in freight and logistics will depend heavily on continued investments in smart grid networks and renewable energy infrastructure. With the right strategies and tools, electrifying heavy-duty fleets can become efficient and profitable.
Ready to electrify your fleet? Discover how an intelligent, policy-aligned fleet management system can drive your transition to zero-emission mobility across Latin America.