Colombia EV Sales Surge 316% in April 2026, BEV Market Share Approaches 20%
By
Juan Diego Celemín Mojica
4d ago· 10 min readenInsight
100/100
Golden Brown
Bagelometer↗
An everything bagel for the brain. Substantive, layered, well-seasoned.
Score100TypeanalysisSentimentvery positive
Summary
Colombia's EV market experienced explosive growth in April 2026, with sales surging over 300% compared to April 2025. BEV market share reached nearly 20%, up from 7.4% a year earlier. The rapid growth is attributed largely to significant price reductions in EVs. The author suggests their previous forecast of 50% EV market share by late 2028 may now be too conservative.
Key quotes
· 4 pulledSurpassing all expectations, Colombia's EV market is once again growing at explosive rates, with sales in April 2026 more than 300% above those in April 2025.
BEV market share alone almost reached 20%, compared with 7.4% 12 months ago!
The market has grown faster than even the most optimistic of us ever predicted, and I'm now wondering if my original forecast of 50% EV market share by late 2028 is going to fall short.
A large part of the change, as we mentioned in a previous article, is the dramatic lowering in prices.
Support CleanTechnica's work through a Substack subscription or on Stripe. Surpassing all expectations, Colombia’s EV market is once again growing at explosive rates, with sales in April 2026 more than 300% above those in April 2025. BEV market share alon
