| Product Code: ETC12579526 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Colombia low-speed electric vehicle import shipments saw impressive growth in 2024, with top exporters being the United States, China, Mexico, Japan, and Belgium. The market concentration, measured by the HHI, remained very high, indicating the dominance of these key players. The remarkable compound annual growth rate (CAGR) of 33.33% from 2020 to 2024 highlights the increasing demand for low-speed electric vehicles in Colombia. Furthermore, the exceptional growth rate of 257.03% from 2023 to 2024 signifies a rapidly expanding market, with potential opportunities for both existing and new players in the industry.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Colombia Low Speed Electric Vehicle Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Low Speed Electric Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Low Speed Electric Vehicle Market - Industry Life Cycle |
3.4 Colombia Low Speed Electric Vehicle Market - Porter's Five Forces |
3.5 Colombia Low Speed Electric Vehicle Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Colombia Low Speed Electric Vehicle Market Revenues & Volume Share, By End user, 2021 & 2031F |
4 Colombia Low Speed Electric Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and incentives for low speed electric vehicles in Colombia |
4.2.2 Growing environmental awareness and focus on reducing carbon emissions |
4.2.3 Rising fuel prices leading to higher demand for cost-effective transportation solutions |
4.3 Market Restraints |
4.3.1 Limited charging infrastructure for low speed electric vehicles in Colombia |
4.3.2 Perception of low speed electric vehicles as less powerful and less convenient compared to traditional vehicles |
5 Colombia Low Speed Electric Vehicle Market Trends |
6 Colombia Low Speed Electric Vehicle Market, By Types |
6.1 Colombia Low Speed Electric Vehicle Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Low Speed Electric Vehicle Market Revenues & Volume, By Vehicle Type, 2021 - 2031F |
6.1.3 Colombia Low Speed Electric Vehicle Market Revenues & Volume, By Passenger Vehicles, 2021 - 2031F |
6.1.4 Colombia Low Speed Electric Vehicle Market Revenues & Volume, By Heavy Duty Vehicles, 2021 - 2031F |
6.1.5 Colombia Low Speed Electric Vehicle Market Revenues & Volume, By Utility Vehicles, 2021 - 2031F |
6.1.6 Colombia Low Speed Electric Vehicle Market Revenues & Volume, By Off-Road Vehicles, 2021 - 2031F |
6.2 Colombia Low Speed Electric Vehicle Market, By End user |
6.2.1 Overview and Analysis |
6.2.2 Colombia Low Speed Electric Vehicle Market Revenues & Volume, By Airports, 2021 - 2031F |
6.2.3 Colombia Low Speed Electric Vehicle Market Revenues & Volume, By Residential and Commercial Premises, 2021 - 2031F |
6.2.4 Colombia Low Speed Electric Vehicle Market Revenues & Volume, By Golf Courses, 2021 - 2031F |
6.2.5 Colombia Low Speed Electric Vehicle Market Revenues & Volume, By Tourist Destinations, 2021 - 2031F |
6.2.6 Colombia Low Speed Electric Vehicle Market Revenues & Volume, By Hotels and Resorts, 2021 - 2031F |
7 Colombia Low Speed Electric Vehicle Market Import-Export Trade Statistics |
7.1 Colombia Low Speed Electric Vehicle Market Export to Major Countries |
7.2 Colombia Low Speed Electric Vehicle Market Imports from Major Countries |
8 Colombia Low Speed Electric Vehicle Market Key Performance Indicators |
8.1 Number of new charging stations installed for low speed electric vehicles |
8.2 Increase in the number of low speed electric vehicles registered in Colombia |
8.3 Percentage of government subsidies allocated to low speed electric vehicle adoption |
8.4 Average reduction in carbon emissions per low speed electric vehicle adopted |
8.5 Growth in the number of low speed electric vehicle manufacturers entering the Colombian market |
9 Colombia Low Speed Electric Vehicle Market - Opportunity Assessment |
9.1 Colombia Low Speed Electric Vehicle Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Colombia Low Speed Electric Vehicle Market Opportunity Assessment, By End user, 2021 & 2031F |
10 Colombia Low Speed Electric Vehicle Market - Competitive Landscape |
10.1 Colombia Low Speed Electric Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Colombia Low Speed Electric Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |