Headline Target: COP26 Zero Emission Vehicles Declaration 2040 ICE ban pledge

Car Manufacturing Country: Renault, Porsche

Purchase Incentives for Cars: Road tax exemption for two years.

Supplier Regulation Policy: Emissions performance standard (tightening CO2 regime)

Infrastructure Incentives: None

There is every indication that Chile should be leading the Latin American EV transition. Their government has committed to an ambition of 100% EV sales by 2035, which would see it in some of the first countries to go fully electric. They are one of the region's wealthiest nations and have invested in the largest charging network in the region. Despite all of this, EV sales remain low, and - until recently - growth slow. A major problem is that the Chilean government offers no grants for motorists to switch to EVs meaning despite the ambitions, there is currently no roadmap as to how this will be achieved.

Chile is also hoping to utilise their considerable salt flats to provide lithium to the industry. This was a part of the supply chain which they dominated a few years ago but they are losing share as international investors look to other markets such as Argentina and Australia. Attempts from the government to subsidise the market have been faced with criticism due to the lack of an internal EV market.