Panama city energy storage commuter vehicle

What is the future of electric vehicles in Panama?

• 25% reduction in greenhouse gas emissions in the energy sector • 50% of the public sector bus fleet will be electric. • 40% of vehicle sales in Panama will be electric. According to the National Electric Mobility Strategy, the hybrid and electric vehicles market participation is below 1% in 2021.

How many electric vehicles are there in Panama?

• 40% of vehicle sales in Panama will be electric. According to the National Electric Mobility Strategy, the hybrid and electric vehicles market participation is below 1% in 2021. Current brands with 100% electric vehicles present in Panama are BYD, BMW and Tesla, who just joined the country on 2019 with no formal representation.

How can Panama make a difference on electric mobility?

Panama is aiming to make a difference on electric mobility, by introducing a project to raise and regulate the minimum number of electric vehicles.

What is Panama's Electric Mobility Law?

Panama’s President Laurentino Cortizo sanctioned the Electric Mobility Law, with the aim of encouraging the use of clean technologies in transportation and reducing carbon emissions (CO2).

Will Geely launch its first electric car in Panama?

Geely is set to launch a seven-passenger light-hybrid vehicle next week, and in June it will present its first 100-percent electric car in Panama, said the manager.

Does Panama have good energy?

"Fortunately, Panama has good energy. It has the electricity infrastructure to be able to support the demand, which of course has to keep growing," said Mendez, noting Panama already has more than 200 charging stations for electric vehicles.