Interest in electric mobility increased

Clean tech, Regulation & Policy    Aug 4, 2021 5:32 PM

The Inter-American Development Bank (IDB) said that efforts to incorporate electromobility have grown in Latin American countries since 2020.

The entity clarified that this has occurred unevenly in the region, Valora Analitik reported.

“The transition did not stop with the pandemic,” Marcelino Madrigal, Senior Specialist in the IDB’s Energy Division, highlighted.

Madrigal added that countries’ interest in electric mobility increased, while several projects continued their course, despite the pandemic.

The expert said that the IDB’s work has been duplicated and it is participating in 51 initiatives in 19 countries in the region in aspects of policy definition, incentives, and studies of specific projects.

Madrigal said that progress in electro-mobility is uneven in the region due to general policy frameworks and strategies.

In addition, the Bank believes that incentives can also have positive net fiscal benefits by reducing imports, reducing emissions and the direct fiscal impact on improving the health of the inhabitants.

Madrigal said that it is necessary to homogenize business models related to electric buses, a technology that has clearly been implemented with real success in a few countries such as Chile and Colombia.

Bottom-Line: Colombia has made a great effort to encourage electric mobility, but has lagged behind in increasing the charging infrastructure.

However, companies such as Enel X are aware of this lack and have implemented strategies to increase charging stations in the country.

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