Electromobility cleaner, safer and more efficient transportation

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The use of electric vehicles, which we promote with the IDB electromobility platform , opens opportunities to improve energy efficiency, care for the environment and the health of everyone in Latin America and the Caribbean. Electric vehicles have increased their presence exponentially around the world in the last decade. In 2017, more than three million of them were circulating, mainly in the United States, Asia and Europe . However, Latin America and the Caribbean is one of the regions with the least incorporation of this type of automobile in the world. Electromobility represents a great opportunity for Latin America and the Caribbean. Its implementation will contribute to increasing energy security and resilience, helping to reduce the negative health effects caused.


By local pollution, improving transportation and electricity services, and influencing the region's decarbonization process. In addition, new value chains will be developed in the digital and C Level Executive List automotive industries, with the opportunity to generate high value-added jobs. The opportunity is special for the region, because it has one of the cleanest electricity generation matrices in the world and effective mechanisms to continue rapid decarbonization. On average, in Latin America 386 grams of carbon dioxide (CO 2 ) are emitted for every kWh of electricity produced, while in other developing regions.



Such as Southeast Asia, 453 grams of CO 2 /kWh are generated and in the Middle East and North Africa, 634. Even more notable is that the level of emissions per kilowatt-hour is significantly lower than the world average [1] . The region's energy sector has also managed to break records of low prices for renewable energy – equal to or less than $20 per MWh. And this is just one of the effects generated by technological advance and the effectiveness of the regulatory mechanisms designed in the region, such as electricity auctions. We move, but we pollute The transportation sector in Latin America and the Caribbean is one of the activities that generate the highest levels of CO 2 emissions per capita and per unit of Gross Domestic Product.