Autolarte – Moevo celebrates 75 years with electric vehicle investment

Autolarte – Moevo marks its 75 years in Colombia's automotive sector with a projected investment of nearly 7 billion pesos in its electric vehicle portfolio. The company, featuring brands like BYD, Hyundai, and Farizon, aims to expand its footprint through new openings and acquisitions in key areas. This initiative aligns with record-high sales of electric and hybrid vehicles in the country.

Autolarte – Moevo, a company with 75 years of history in Colombia's automotive market, announces an investment of approximately 7 billion pesos aimed at developing its electric vehicle offerings. This comes amid record sales for electric and hybrid cars, where the firm positioned itself early by adding brands like BYD, Hyundai, and Farizon to its lineup.

Key planned actions include opening BYD Linares in Rionegro and establishing two new service workshops in Medellín and Rionegro to enhance technical support for electric mobility. Since January 1, the group acquired the operations of the Hyundai Guayabal dealership in Medellín, broadening its reach in the city. It also launched a specialized Chevrolet point for electric and hybrid vehicles in Viva Envigado.

The company is progressing with renovations at its southern headquarters, featuring a remodel of the Chevrolet showroom and new displays for Hyundai and Farizon. These steps intend to strengthen customer service and adapt to automotive market trends in Colombia, ensuring ongoing relevance in a fluctuating industry.

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Realistic illustration of Colombian port scene depicting proposed tariff hikes on imported gasoline vehicles and motorcycles for a news article.
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Government proposes raising tariffs on imported gasoline vehicles and motorcycles

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Colombia's Ministry of Commerce published a draft decree to raise import tariffs on vehicles and motorcycles powered by gasoline or diesel engines, aiming to promote clean technologies and bolster the national industry. The proposal sets 40% for cars and 35% for motorcycles, but guilds like Asopartes and Andemos warn it will raise prices and halt the sector's recovery in 2025.

Volvo has solidified its dominant position in Colombia's premium electrified vehicle market, capturing 47% of the total share this year. In the premium plug-in SUV segment, the Swedish brand holds 51% of the national market. This leadership stems largely from the success of models like the EX30, the country's best-selling premium electric vehicle.

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Dongfeng, China's fourth-largest vehicle manufacturer, has formed an alliance with Motornation to accelerate its growth in Mexico. The partnership aims to establish a presence in 20 states with over 30 sales and service points. It also ensures a national inventory of spare parts and certified workshops.

South Korea's industry ministry announced on Thursday plans to provide up to 464.5 billion won ($317.6 million) in support for the automotive sector this year to bolster competitiveness in cutting-edge technologies like autonomous driving. The initiative follows record auto exports of $72 billion last year, despite U.S. tariffs. Focus areas include self-driving systems and electric and hydrogen vehicles.

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A Saudi Arabian startup, CEER Motors, has revealed its first electric vehicle through spy photos of a camouflaged prototype, drawing clear design inspiration from Tesla's Cybertruck and Model X. The SUV features a tall flat nose, enormous windshield, and gullwing doors, backed by major partners including Foxconn and Rimac. Production is slated to begin in the fourth quarter of 2026 as part of Saudi Arabia's Vision 2030 economic diversification plan.

Emcali has received the environmental license from the Valle del Cauca Regional Autonomous Corporation to build the Mulaló Solar Park, the largest photovoltaic project in southwestern Colombia. This approval marks a key step in the region's energy transition, with a 69.9 MWp capacity that will benefit around 50,000 households.

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For the first time, a fully electric vehicle, the BYD Dolphin Mini, topped retail sales in Brazil in February 2026, with over 4,000 units sold. This milestone signals a shift in the automotive market, long dominated by combustion engines. BYD has sold more than 62,000 units of the model since its entry into the country.

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