Hybrid & Electric Cars in Mexico - Research and Markets

Hybrid & Electric Cars in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

Hybrid & electric cars market includes the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles. Market value is calculated at the retail selling price (RSP) and the market volume is given in terms of units sold.
The Mexican hybrid & electric cars market recorded revenues of $2.68 billion in 2024, representing a compound annual growth rate (CAGR) of 36.8% between 2019 and 2024.
Market consumption volume increased with a CAGR of 38.8% between 2019 and 2024, reaching a total of 125,291.0 units in 2024.
The growth of the hybrid & electric car market in Mexico in 2024 was driven by high fuel prices, advancements in battery technologies, and supportive government investments. According to the CRE, gasoline prices in Mexico increased by 7.2% in August 2024 compared to August 2023.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hybrid & electric cars market in Mexico
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in Mexico
Leading company profiles reveal details of key hybrid & electric cars market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Mexico hybrid & electric cars market with five year forecasts

Reasons to Buy

What was the size of the Mexico hybrid & electric cars market by value in 2024?
What will be the size of the Mexico hybrid & electric cars market in 2029?
What factors are affecting the strength of competition in the Mexico hybrid & electric cars market?
How has the market performed over the last five years?
Who are the top competitors in Mexico's hybrid & electric cars market?

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value
3.2. Market volume

4 Market Segmentation

4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook

5.1. Market value forecast
5.2. Market volume forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the most recent market developments?

8 Company Profiles

8.1. Tesla Inc
8.2. Toyota Motor Corp
8.3. General Motors Co
8.4. Ford Motor Co

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher

List of Tables

Table 1: Mexico hybrid & electric cars market value: $ million, 2019-24
Table 2: Mexico hybrid & electric cars market volume: Units, 2019-24
Table 3: Mexico hybrid & electric cars market category segmentation: % share, by value, 2019-24
Table 4: Mexico hybrid & electric cars market category segmentation: $ million, 2019-24
Table 5: Mexico hybrid & electric cars market geography segmentation: $ million, 2024
Table 6: Mexico hybrid & electric cars market value forecast: $ million, 2024-29
Table 7: Mexico hybrid & electric cars market volume forecast: Units, 2024-29
Table 8: Tesla Inc: Key Facts
Table 9: Tesla Inc: Annual Financial Ratios
Table 10: Tesla Inc: Key Employees
Table 11: Toyota Motor Corp: Key Facts
Table 12: Toyota Motor Corp: Annual Financial Ratios
Table 13: Toyota Motor Corp: Key Employees
Table 14: Toyota Motor Corp: Key Employees Continued
Table 15: General Motors Co: Key Facts
Table 16: General Motors Co: Annual Financial Ratios
Table 17: General Motors Co: Key Employees
Table 18: General Motors Co: Key Employees Continued
Table 19: Ford Motor Co: Key Facts
Table 20: Ford Motor Co: Annual Financial Ratios
Table 21: Ford Motor Co: Key Employees
Table 22: Ford Motor Co: Key Employees Continued
Table 23: Ford Motor Co: Key Employees Continued
Table 24: Ford Motor Co: Key Employees Continued
Table 25: Mexico Size of Population (Million), 2020-24
Table 26: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 27: Mexico GDP (Current Prices, $ Billion), 2020-24
Table 28: Mexico Inflation, 2020-24
Table 29: Mexico Consumer Price Index (Absolute), 2020-24
Table 30: Mexico Exchange Rate, 2019-24

List of Figures

Figure 1: Mexico hybrid & electric cars market value: $ million, 2019-24
Figure 2: Mexico hybrid & electric cars market volume: Units, 2019-24
Figure 3: Mexico hybrid & electric cars market category segmentation: $ million, 2019-24
Figure 4: Mexico hybrid & electric cars market geography segmentation: % share, by value, 2024
Figure 5: Mexico hybrid & electric cars market value forecast: $ million, 2024-29
Figure 6: Mexico hybrid & electric cars market volume forecast: Units, 2024-29
Figure 7: Forces driving competition in the hybrid & electric cars market in Mexico, 2024
Figure 8: Drivers of buyer power in the hybrid & electric cars market in Mexico, 2024
Figure 9: Drivers of supplier power in the hybrid & electric cars market in Mexico, 2024
Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Mexico, 2024
Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in Mexico, 2024
Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in Mexico, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Tesla Inc
Toyota Motor Corp
General Motors Co
Ford Motor Co

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Key Highlights

Scope

Reasons to Buy

Table of Contents

Companies Mentioned (Partial List)

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