Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Colombia

Alternative Fuel Vehicles To Face Demand And Supply-Side Problems

February 2012 | Industry News

The city of Bogota is looking to include electric cars in its taxi fleet in move aimed at boosting its green credentials and as a part of the government's broader aim of reducing dependence on conventional fuel in transportation. A decree to this effect was also enacted by the city of Bogota in December 2011. It called for zero duty on electric vehicle imports into the country and provision of incentives for EVs in the city. BMI, however, remains cautiously optimistic about the success of EVs on a mass scale in the country and instead sees more scope for increased

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