South America Automotive High Performance Electric Vehicles Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The South America Automotive High Performance Electric Vehicles Market Report is segmented by Drive Type (Plug-in Hybrid and Battery or Pure Electric), Vehicle Type (Passenger Cars and Commercial Vehicles), and Country.

South America Automotive High Performance Electric Vehicles Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

South America Automotive High Performance Electric Vehicle Market Size

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South America High Performance EV Market Size
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 20.00 %
Market Concentration Medium

Major Players

South America High Performance EV Market Major Players

*Disclaimer: Major Players sorted in no particular order

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South America Automotive High Performance Electric Vehicle Market Analysis

The South America Automotive High Performance Electric Vehicles Market is expected to register a CAGR of greater than 20% during the forecast period.

  • Some of the major factors driving the growth of the market are growing environmental concerns (owing to rising exhaust emissions), enactment of stringent emissions and fuel economy norms, and increasing government initiatives, in terms of subsidies and benefits for increasing the adoption rate of electric vehicles, are expected to propel the demand for and growth of the high-performance electric vehicles market.
  • The average commute time of people across the globe has increased tremendously over the past decade. In the United States, the average one way commuting per person has gone up from 25.2 minutes in 2010 to 27.1 minutes in 2018. The share of US workers with more than 60 minutes of one way commute time increased from 8% in 2010 to 10% in 2018. The population of workers with 90 minutes or more of one way commute timing was 4.3 million in 2018 compared to 3.3 million in 2010. Owing to the fact that an average american travelling by car uses 1.28 gallons of fuel (average one way commute distance in United states is 16 miles) per day, almost 25.6 lbs of carbon dioxide is released into the atmosphere per day by per commuter. The market for high performance electric cars are being driven by the aforementioned facts.
  • Governments of developed economies across the world are providing monetary benefits such as zero to very less registration fee and exemption in import tax, purchase tax, and road tax. Apart from providing subsidies, governments are also making favorable policies for the development of charging infrastructure.

South America Automotive High Performance Electric Vehicle Industry Overview

Tesla, Daimler (Mercedes-Benz), BMW, Hyundai, Nissan, and Chevrolet are the most prominent players in the high-performance electric vehicles market. OEMs are focusing on developing cost-effective electric vehicles that have a better range.

Tesla is the pioneer of the EHPV (electric high-performance vehicle) concept and is supporting and encouraging the concept's development. The company is developing cost-effective, but high-performance electric vehicles to leverage the adoption of electric vehicles. The company hopes that the initiative may spur consumer acceptance and create a network of supporting businesses, such as EV charging stations and service centers. The high cost of ownership, coupled with the lack of adequate charging infrastructure in many countries, is one of the challenges that the market may face in the forecast period.

South America Automotive High Performance Electric Vehicle Market Leaders

  1. Tesla Inc.

  2. Hyundai Motors

  3. Daimler AG

  4. BMW Group

  5. Nissan

  6. *Disclaimer: Major Players sorted in no particular order
Tesla Inc., Hyundai Motors, Daimler AG, BMW Group, Nissan
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South America Automotive High Performance Electric Vehicle Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Drive Type
    • 5.1.1 Plug-in Hybrid
    • 5.1.2 Battery or Pure Electric
  • 5.2 By Vehicle Type
    • 5.2.1 Passenger Cars
    • 5.2.2 Commercial Vehicles
  • 5.3 By Country
    • 5.3.1 Brazil
    • 5.3.2 Argentina
    • 5.3.3 Chile
    • 5.3.4 Peru
    • 5.3.5 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles
    • 6.2.1 BMW Group
    • 6.2.2 Daimler AG
    • 6.2.3 Nissan Motor Company Ltd
    • 6.2.4 Ford Motor Company
    • 6.2.5 Renault
    • 6.2.6 Rimac Automobili
    • 6.2.7 Telsa Inc.
    • 6.2.8 Kia Motor Corporation
    • 6.2.9 Mitsubishi Motors Corporation
    • 6.2.10 Peugeot
    • 6.2.11 Volkswagen AG
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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South America Automotive High Performance Electric Vehicle Industry Segmentation

The South America automotive high-performance electric vehicles market covers the latest trends and technological development in the automotive high-performance electric vehicles, demand of the drive type, vehicle type, country, and market share of major automotive high-performance electric vehicles manufacturers across South America.

By Drive Type Plug-in Hybrid
Battery or Pure Electric
By Vehicle Type Passenger Cars
Commercial Vehicles
By Country Brazil
Argentina
Chile
Peru
Rest of South America
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South America Automotive High Performance Electric Vehicle Market Research FAQs

What is the current South America Automotive High Performance Electric Vehicles Market size?

The South America Automotive High Performance Electric Vehicles Market is projected to register a CAGR of greater than 20% during the forecast period (2025-2030)

Who are the key players in South America Automotive High Performance Electric Vehicles Market?

Tesla Inc., Hyundai Motors, Daimler AG, BMW Group and Nissan are the major companies operating in the South America Automotive High Performance Electric Vehicles Market.

What years does this South America Automotive High Performance Electric Vehicles Market cover?

The report covers the South America Automotive High Performance Electric Vehicles Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the South America Automotive High Performance Electric Vehicles Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

South America Automotive High-Performance EV Industry Report

Statistics for the 2025 South America Automotive High Performance Electric Vehicles market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Automotive High Performance Electric Vehicles analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.