Our new analysis shows: Electric vehicles are a clear economic win for Latin America and the Caribbean (LAC): The median energy costs per kilometre for an EV are one-third that of a comparable gasoline-powered passenger car. The median LAC country spends 3% percent of GDP on gasoline & diesel imports for road transport. With 62% of electricity coming from renewables, the region is uniquely positioned to benefit from low-cost clean power. More: https://www.agora-verkehrswende.org/news/electric-vehicles-enjoy-huge-energy-cost-advantage-in-latin-america-and-the-caribbean