Ecuador charging ahead with 2040 electromobility strategy

Ecuador's transport and public works ministry is working on an electromobility strategy that will facilitate decarbonization of the economy and support compliance with international agreements on the reduction of greenhouse gas emissions.

The first phase of this strategy is to reach 2025 with 10,000 electric vehicles: 1,500 public buses, 2,000 taxis, 1,000 light cargo trucks and 5,500 light vehicles, mobility expert and advisor to the ministry Paúl Hernández told BNamericas.

In the second stage, the aim is to reach 100,000 vehicles before moving on to a massification stage by 2040.

The plan has the technical support of the Inter-American Development Bank (IDB).

In recent days Juan Carlos de la Hoz, IDB representative in Ecuador, said that the country is in a privileged position to scale up electromobility due to its capacity to generate renewable energy, which will facilitate investments in the sector.