{"id":466891,"date":"2026-05-03T20:39:16","date_gmt":"2026-05-03T20:39:16","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/466891\/"},"modified":"2026-05-03T20:39:16","modified_gmt":"2026-05-03T20:39:16","slug":"these-countries-embrace-e-v-s-to-avoid-oil-price-shocks","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/466891\/","title":{"rendered":"These Countries Embrace E.V.s to Avoid Oil Price Shocks"},"content":{"rendered":"<p class=\"css-ac37hb evys1bk0\">Costa Ricans buy more electric vehicles per person than almost any other country in the Western Hemisphere, a fact that would not surprise anyone stopping recently at the Croc Skywalk, a tourist attraction above a slow-moving river where people can gawk at sunbathing crocodiles.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Numerous electric vehicles, most of them made by Chinese companies like Geely and BYD, were parked outside a gift shop and restaurant near the skywalk, about an hour and a half south of San Jos\u00e9, the capital.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Several cars were plugged into a bank of shiny chargers while their owners checked out a lone crocodile lounging in murky water.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Costa Rica is a leading example of how electric vehicles are rapidly gaining popularity in many less affluent countries that are not part of the giant U.S., European and Chinese auto markets. There are signs that the war in Iran, which has sharply raised the cost of gasoline and diesel, is accelerating this trend.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Electric vehicle sales in Latin America, Africa and much of Asia \u2014 a grouping that includes billions of people but that analysts often refer to as \u201crest of world\u201d \u2014 soared 79 percent in March compared with a year earlier, according to Benchmark Mineral Intelligence, a research firm. For all of 2025, sales of electric cars in these countries jumped 48 percent.<\/p>\n<p class=\"css-ac37hb evys1bk0\">All told, electric vehicles accounted for 18 percent of all new car sales in Costa Rica during the first three months of the year, second only to Uruguay in Latin America. That is three times the figure in the United States, where Tesla ushered in the modern electric car revolution roughly 14 years ago with its Model S.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Governments in Costa Rica, Ethiopia, Uruguay and many other countries are promoting electric vehicles as a way to become less dependent on imported oil, a drain on their economies and precious foreign currency reserves. Costa Rica is not an oil producer and generates almost all its electricity from hydropower.<\/p>\n<p class=\"css-ac37hb evys1bk0\">\u201cIt gives Costa Rica energy sovereignty,\u201d said Kattia Cambronero, a member of the Costa Rican Legislative Assembly who in April pushed through a law to speed up the construction of charging stations.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Costa Rica\u2019s president, Rodrigo Chaves, a right-wing populist, is expected to sign the legislation even though he and Ms. Cambronero are bitter political foes. No Costa Rican politician wants to alienate electric vehicle owners, a growing constituency.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Costa Rica also shows what happens when there are no barriers to inexpensive Chinese-made vehicles. BYD, Geely, MG and dozens of other Chinese brands have quickly taken over a market previously dominated by Japanese, American and European brands. Models by Western carmakers, including Tesla, are practically invisible.<\/p>\n<p class=\"css-ac37hb evys1bk0\">At least three Chinese electric models sell for less than $20,000, according to Asomove, a Costa Rican electric vehicle association. Electric vehicles are increasingly affordable in countries like Costa Rica, which is rich by Central American standards but has a per-capita income only about one-fourth that of the United States.<\/p>\n<p class=\"css-ac37hb evys1bk0\">When Asomove polled its members, \u201c70 percent said they changed to an E.V. because of the savings, not environment, not health \u2014 to save money,\u201d said Silvia Rojas, the organization\u2019s executive director.<\/p>\n<p class=\"css-ac37hb evys1bk0\">In some ways Costa Rica is well suited to electric vehicles. Most people have short commutes, and it\u2019s possible with some cars to drive from San Jos\u00e9, in the center of the country, to the Pacific coast and back without needing to recharge.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Costa Rica began encouraging ownership of electric vehicles in 2018 by exempting them from taxes and fees. The goal was to help the environment, in line with Costa Rica\u2019s sustainability policies, said Ms. Rojas, who helped pass the law as a legislative aide. Eco-tourism is a major industry.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Now, with oil prices high, the policy looks smart. But Costa Rica and other poorer countries remain vulnerable. Most heavy trucks run on diesel, and cars with internal combustion engines still account for most new vehicle sales.<\/p>\n<p class=\"css-ac37hb evys1bk0\">\u201cIt helps,\u201d Sergio Cap\u00f3n, president of the Costa Rica Chamber of Industries, said of the popularity of electric vehicles. \u201cBut we\u2019re very concerned about the capability of our electric matrix to support this growth.\u201d<\/p>\n<p class=\"css-ac37hb evys1bk0\">Dry weather hurt hydropower production several years ago and almost led to energy rationing. More needs to be done to exploit Costa Rica\u2019s abundant sunlight for solar power, Mr. Cap\u00f3n said.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Marco Acu\u00f1a, chief executive of Grupo ICE, Costa Rica\u2019s largest utility, noted that electric vehicles usually charge at night when rates are lower, and that the utility is investing in new power generation, including solar power. \u201cWe don\u2019t see any issues in providing electricity for electric vehicles,\u201d he said.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Electric vehicles are growing in popularity even though owning one takes fortitude.<\/p>\n<p class=\"css-ac37hb evys1bk0\">At the Croc Skywalk, the two most powerful chargers were not being used, probably because they had the wrong plugs for Chinese cars.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Inside the gift shop, a clerk paused from ringing up sodas, souvenir key chains and straw hats to look for an adapter that would allow the driver of a Chinese-made BYD to use a low-power charger. But another customer had already borrowed it.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Outside, Aramis P\u00e9rez Mora, a professor of electrical engineering at the University of Costa Rica, struggled to get his battery-powered Toyota to connect. The charger plug fit, but the car\u2019s software was not compatible.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Mr. P\u00e9rez, who has conducted research on the flaws in Costa Rica\u2019s electric vehicle infrastructure, was happy to see multiple chargers along a busy route that connects San Jos\u00e9 to the Pacific coast. But he wondered why the plugs were designed for European models that very few Costa Ricans buy.<\/p>\n<p class=\"css-ac37hb evys1bk0\">\u201cGood idea, bad implementation,\u201d he said.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Electric vehicle sales began to take off in 2023 when Chinese models started appearing in large numbers. Some were sold by authorized dealers, but many were imported by Costa Ricans who bought them from dealers in China and transported them by container ships.<\/p>\n<p class=\"css-ac37hb evys1bk0\">As a result, Costa Ricans can choose from a dizzying array of Chinese brands.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Recently, at an upscale shopping center in San Jos\u00e9, people milled around displays of Chinese brands like Avatr, Chery and Dongfeng. The cars had been brought to Costa Rica by unauthorized dealers. Even the lone Tesla on display was a gray-market import from China.<\/p>\n<p class=\"css-ac37hb evys1bk0\">\u201cHere in Costa Rica you can import anything you want,\u201d Ms. Rojas said as she surveyed the scene. She has become an electric vehicle evangelist, holding workshops in Mexico, Colombia, Brazil and Kenya.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Toyota remains the most popular brand in Costa Rica, but its share has slipped. Imported Chinese cars, including hybrids and gasoline models, account for more than a third of the Costa Rican car market, according to Grupo Purdy, the country\u2019s largest car dealership company.<\/p>\n<p class=\"css-ac37hb evys1bk0\">\u201cWe\u2019re living probably the biggest disruption since we went from the horse to a car a hundred years ago,\u201d said Alejandro Rubinstein, chief executive of Grupo Purdy, which sells Toyotas, Lexuses, Volkswagens, Fords and XPengs, a Chinese electric car brand.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Mr. Rubinstein said he had been astonished by XPeng\u2019s corporate metabolism.<\/p>\n<p class=\"css-ac37hb evys1bk0\">\u201cEvery year they\u2019re bringing a new model, a new car,\u201d he said in his office above a Lexus dealership. \u201cIt\u2019s not the usual thing you see from other brands.\u201d<\/p>\n<p class=\"css-ac37hb evys1bk0\">The result is a brutally competitive market in which prices are falling fast.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Manuel Burgos Saenz, general manager of Electric Vehicle Experience, a San Jos\u00e9 dealership that sells only Chinese brands, gestured recently toward an Aion Y Plus, a $19,000 hatchback made by Guangzhou Automobile Group.<\/p>\n<p class=\"css-ac37hb evys1bk0\">\u201cI need to sell it as quickly as possible because if I don\u2019t sell it, I\u2019m going to lose money,\u201d Mr. Burgos said.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Business is lively, he said. The dealership is taking over an adjacent space to display and service its products, which include a $60,000 luxury sport utility vehicle and an orange $200,000 roadster that can travel zero to 60 miles per hour in a tick over two seconds.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Costa Rican businesses are also adopting electric vehicles.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Auto Mercado, a grocery chain, has cut the cost of making online deliveries 5 to 10 percent by switching to electric vans, said Felipe Alonso, Auto Mercado\u2019s head of e-commerce.<\/p>\n<p class=\"css-ac37hb evys1bk0\">\u201cThe customers love it, the drivers love it,\u201d Mr. Alonso said at one of the firm\u2019s stores in San Jos\u00e9. Vans made by BYD and Maxus, a division of the Chinese automaker SAIC, charged in a parking garage below.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Biusa, a private bus company, is replacing its entire 60-bus fleet with battery-powered models made by King Long, a Chinese brand.<\/p>\n<p class=\"css-ac37hb evys1bk0\">The electric models cost $50,000 more than diesel buses from King Long, but the company can quickly make up the difference by spending less on fuel and maintenance, Miguel Zamora, a Biusa executive, said as he stood near a row of chargers.<\/p>\n<p class=\"css-ac37hb evys1bk0\">The buses easily cover their daily routes on a single charge, he said. Ridership has increased because passengers like the quiet ride and superior air-conditioning.<\/p>\n<p class=\"css-ac37hb evys1bk0\">The buses, Mr. Zamora said, \u201cliterally pay for themselves.\u201d<\/p>\n<p class=\"css-1n7yjps etfikam0\">David Bola\u00f1os contributed reporting from San Jos\u00e9, Costa Rica.<\/p>\n","protected":false},"excerpt":{"rendered":"Costa Ricans buy more electric vehicles per person than almost any other country in the Western Hemisphere, a&hellip;\n","protected":false},"author":2,"featured_media":466892,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[174],"tags":[4204,55521,79,24168,205000,204999,19786,59152,179,18,96357,203654,202688,205001,205003,19,3536,204998,17,190596,202687,205004,203655,205002,13669],"class_list":["post-466891","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-africa","tag-automobiles","tag-business","tag-byd-co-ltd","tag-chery-automobile-co","tag-cost-of-living-and-affordability","tag-costa-rica","tag-developing-countries","tag-economy","tag-eire","tag-electric-and-hybrid-vehicles","tag-far-east","tag-fees-and-rates","tag-guangzhou-auto-group-corp","tag-guangzhou-xiaopeng-motors-technology-co-ltd-xpeng-motors","tag-ie","tag-innovation","tag-international-trade-and-world-market","tag-ireland","tag-oil-petroleum-and-gasoline","tag-prices-fares","tag-shanghai-automotive-industry-corp","tag-south-and-southeast-asia-and-pacific-areas","tag-tesla-motors-inc","tag-toyota-motor-corp"],"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/466891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=466891"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/466891\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/466892"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=466891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=466891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=466891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}