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.

Relaterte artikler

BYD-branded Formula 1 car speeding on racetrack, symbolizing the EV maker's potential motorsport entry.
Bilde generert av AI

BYD explores Formula 1 entry to boost global brand

Rapportert av AI Bilde generert av AI

China's BYD, the world's largest electric vehicle seller, is considering an entry into Formula 1 as its first major push into elite auto racing. The automaker is evaluating options such as acquiring an existing team or building one from scratch, amid the sport's shift toward hybrid engines. No final decision has been made, with costs potentially reaching $500 million per season posing a significant barrier.

President Gustavo Petro attributed the 171.3% increase in electric vehicle sales in the first quarter of 2026 to his gasoline vehicle tariff policy. In an X post, he hailed the outcome as progress in decarbonization and relief for air pollution-related mortality in cities like Bogotá and Medellín.

Rapportert av AI

Leopoldo Satrústegui, president of Hyundai Spain, has called the ‘made in Europe’ requirement in the new Auto+ electric vehicle subsidy plan a mistake. He argues subsidies should be equal for all models and criticizes the price and battery criteria. He also announces the launch of premium brand Genesis in the Spanish market this year.

Mercedes-Benz Korea has appointed Shirin Emeera as its new CEO, effective July, tasking her with the successful launch of key electric vehicle (EV) models. The company faces challenges from declining EV sales following a fire incident involving an EQE sedan two years ago.

Rapportert av AI

Ford CEO Jim Farley stated in a recent interview that Chinese automaker BYD leads in electric vehicle cost efficiency, supply chain, and manufacturing expertise. He suggested American buyers should look beyond Tesla, which lacks an updated vehicle, to beat Chinese rivals. Farley highlighted the demand for affordable $30,000 pickups and utilities in the next US EV cycle.

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.

Rapportert av AI

Mercedes-Benz unveiled the C-Class as a fully electric vehicle for the first time on Monday in Seoul. CEO Ola Källenius praised it as the perfect package of performance, comfort, and technology. The model aims to boost sales and the EV quota for the struggling manufacturer.

 

 

 

Dette nettstedet bruker informasjonskapsler

Vi bruker informasjonskapsler for analyse for å forbedre nettstedet vårt. Les vår personvernerklæring for mer informasjon.
Avvis