The Coordination Ministry of Production, Employment and Competitiveness (CMPEC) recently signed the ‘Framework Agreement for the Promotion, Marketing and Manufacturing Prospects of Batteries and Electric Vehicles in the Republic of Ecuador’ with representatives of Nissan, Renault, Kia, BYD. The aim is that those brands introduce electric vehicles in the local market and contribute to the development of infrastructure, post-sale service and management of rechargeable batteries.
The agreement establishes the encouragement, promotion and use of these vehicles, for which automakers will implement appropriate technical and commercial measures; the parties involved will adapt, distribute and provide technical and repair service; they will support a comprehensive and viable plan for the installation, operation and maintenance of a charging network in the country and will assess the local manufacture of electric vehicles for sales and marketing for both the local and regional market, provided that the volume of demand makes it necessary.
Minister Richard Espinosa Guzmán stressed that “Ecuador wants to be within the five world’s biggest promoters of this technology” and produce electric vehicles and batteries, “not only for domestic consumption, but for export.”
The CMPEC will propose a comprehensive and viable plan for the installation, operation and maintenance of an EV charging network, with support from the Agency for Regulation and Electrical Control (Arconel) and the National Institute for Energy Efficiency and Renewable Energy (INER); the body will offer incentive packages to citizenship in order to promote the use and purchase of these electric mobility systems; it will evaluate financial and non-financial incentives offer, either directly or indirectly, to promote its commercialization, manufacture and use.