Hybrids are hot in MexicoBy Elliot Bullman
In January 2017, sales of hybrid vehicles tripled in Mexico.
It looks like 2017 is the year of hybrid cars. In January of this year, the sale of hybrid vehicles, which have a gasoline engine and an electric motor, tripled.
In January, 564 hybrid vehicles were sold in Mexico, 433 vehicles more than in the same month of 2016. This represents an increase of 330%, according to data from the Mexican Association of Automotive Industry (AMIA).
Mexico City is the location in which more hybrid cars were sold (42.3%), followed by the State of Mexico (15.2%) and Jalisco (4.6%).
A hybrid car, which has an electric motor and a gasoline engine, can reach distances greater than an internal combustion engine with the same gas tank, as it uses both power sources.
Its characteristic of being more efficient with the gasoline has made it an attractive option with the increase of fuel prices in Mexico. Prices of hybrid cars are more expensive than regular compact cars.
The cheapest model of hybrid cars for sale in Mexico is the Toyota Prius, which costs 362 thousand pesos, while the most expensive is the Porsche Panamera 4 E-Hybrid Exclusive priced at $1 million 714 thousand pesos. A compact car like the Volkswagen Vento costs $199 thousand pesos while a Nissan Tiida cost $183 thousand pesos.
- Southwest Airlines inaugurates new international route to Cancun from New Orleans
- The Federal Aviation Administration has ordered airlines to inspect certain older CFM56-7B turbofan engines.
- North Korea 'halts missile and nuclear tests', says Kim Jong-un
- Frida Kahlo Barbie doll banned from shop shelves in Mexico
- NAFTA meeting on tap; Mexico doesn’t want to be used to elude US tariffs
- Mexico is second on world’s best places to retire list
- New video editing trend could be the future of ´fake news'
- Trump says North Korea talks under way but he may not meet Kim Jong-un
- Mexico’s candidates are avoiding talking about the elephant in the room: Pensions
- Elon Musk just sank more than $100 million into The Boring Company
- Netflix is soaring after it crushed subscriber growth targets yet again
- Starbucks: Protesters call for boycott after black men arrested