Chinese Automakers Reshape Ecuador's Electric Vehicle Market as BYD Takes the Lead

By
Juan Martinez
May 9, 2025

Ecuador’s electric vehicle market has shifted rapidly, with Chinese automaker BYD at the center of a major transformation.

According to data from the Association of Automotive Companies of Ecuador (AEADE), electric vehicle sales in the country have surged over 200% in two years, rising from 86 units in early 2023 to 470 units by early 2025.

This growth stands out even more as the overall auto market contracted by 10.2% year-on-year during the same period. BYD’s strategy has focused on offering affordable electric SUVs and compact cars, such as the Yuan Pro and Dolphin.

These models have gained traction among Ecuadorian buyers. In 2025, BYD led the market with 209 sales in the first five months, while competitors like Leapmotor and Dongfeng trailed with 55 and 18 units, respectively.

The company’s recent launch of the Song Plus DM-i hybrid at Ecuador’s largest auto show further expanded its lineup, signaling a push to capture both the electric and hybrid segments.

More:
https://www.riotimesonline.com/chinese-automakers-reshape-ecuadors-electric-vehicle-market-as-byd-takes-the-lead/