{"id":33103,"date":"2026-04-06T16:01:09","date_gmt":"2026-04-06T21:01:09","guid":{"rendered":"https:\/\/www.olade.org\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/"},"modified":"2026-04-08T10:32:53","modified_gmt":"2026-04-08T15:32:53","slug":"latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis","status":"publish","type":"noticias","link":"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/","title":{"rendered":"Latam and Caribbean save $3M daily as electromobility offsets fuel crisis"},"content":{"rendered":"<p>The volatility of the global energy market, driven by tensions in the Middle East, has placed Latin America and the Caribbean (LAC) at a strategic crossroads. While diesel and gasoline prices rise to averages of <strong>USD 1.30 per liter<\/strong>, the region has found a financial hedge in electricity. According to the latest technical data from the sector, the current electric fleet in LAC already generates direct energy consumption savings of USD <strong>1 billion annually<\/strong>, equivalent to <strong>USD 2.7 million per day<\/strong> in avoided fossil fuel expenditures.<\/p>\n<p style=\"text-align: center;\"><strong>Fuel price variation relative to current price levels<\/strong><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-33104 size-large\" src=\"http:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/WhatsApp-Image-2026-04-08-at-10.18.42-1194x597.jpeg\" alt=\"\" width=\"1194\" height=\"597\" srcset=\"https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/WhatsApp-Image-2026-04-08-at-10.18.42-1194x597.jpeg 1194w, https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/WhatsApp-Image-2026-04-08-at-10.18.42-260x130.jpeg 260w, https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/WhatsApp-Image-2026-04-08-at-10.18.42-768x384.jpeg 768w, https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/WhatsApp-Image-2026-04-08-at-10.18.42-360x180.jpeg 360w, https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/WhatsApp-Image-2026-04-08-at-10.18.42-750x375.jpeg 750w, https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/WhatsApp-Image-2026-04-08-at-10.18.42-1140x570.jpeg 1140w, https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/WhatsApp-Image-2026-04-08-at-10.18.42.jpeg 1280w\" sizes=\"(max-width: 1194px) 100vw, 1194px\" \/><\/p>\n<p style=\"text-align: center;\"><strong>Source: OLACDE<\/strong><\/p>\n<p>Operational efficiency is the key driver of this profitability. An electric vehicle is up to five times more efficient than its internal combustion counterpart, enabling a light-duty vehicle to achieve <strong>81% savings per kilometer traveled<\/strong> under current price conditions.<\/p>\n<p>In nominal terms, operating an electric car today is <strong>USD 2,018 cheaper per year<\/strong> than a gasoline vehicle; a gap that widens significantly if crude oil prices continue to rise: with a <strong>50% increase in fuel prices<\/strong>, annual savings would reach <strong>USD 3,308<\/strong>.<\/p>\n<p><strong>Key figure:<\/strong> The current average electricity price remains as follows:<\/p>\n<ul>\n<li>Electric bus charging: <strong>USD 0.13\/kWh<\/strong><\/li>\n<li>Light-duty electric vehicle charging: <strong>USD 0.15\/kWh<\/strong><\/li>\n<\/ul>\n<p>The <strong>mass public transport segment<\/strong> presents the most disruptive figures for national and municipal budgets. A single electric bus generates <strong>annual savings of USD 26,000<\/strong> compared to a diesel unit. However, profitability becomes exponential during a crisis: if fuel prices increase by <strong>50%<\/strong>, annual savings per unit surge to <strong>USD 48,750<\/strong>, nearly doubling the economic benefit and positioning electric buses as the most resilient asset for urban infrastructure.<\/p>\n<p>With a fleet of <strong>8,000 electric buses<\/strong> and <strong>400,000 light-duty vehicles<\/strong> in operation, the region has achieved a scenario where a <strong>40% increase in fuel prices amplifies the economic benefit of the transition<\/strong>, raising regional savings by <strong>122%<\/strong>. This phenomenon demonstrates that electromobility is not only a decarbonization goal, but also a <strong>strategic energy-saving mechanism<\/strong> in response to hydrocarbon import dependency.<\/p>\n<p>Investment in electric mobility in LAC has shifted from a future bet to an <strong>immediate stability tool<\/strong>. Of total savings, <strong>80% comes from the light-duty vehicle fleet<\/strong>, demonstrating that end users are capitalizing on the higher efficiency of electric powertrains. By maintaining stable electricity costs (<strong>USD 0.15\/kWh on average<\/strong>), external shocks that currently strain oil-dependent economies are mitigated.<\/p>\n<p style=\"text-align: center;\"><strong>Percentage of economic energy savings per km relative to fuel price variation<\/strong><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-33107 size-large\" src=\"http:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/WhatsApp-Image-2026-04-08-at-10.12.15-1194x631.jpeg\" alt=\"\" width=\"1194\" height=\"631\" srcset=\"https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/WhatsApp-Image-2026-04-08-at-10.12.15-1194x631.jpeg 1194w, https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/WhatsApp-Image-2026-04-08-at-10.12.15-260x137.jpeg 260w, https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/WhatsApp-Image-2026-04-08-at-10.12.15-768x406.jpeg 768w, https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/WhatsApp-Image-2026-04-08-at-10.12.15-750x396.jpeg 750w, https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/WhatsApp-Image-2026-04-08-at-10.12.15-1140x603.jpeg 1140w, https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/WhatsApp-Image-2026-04-08-at-10.12.15.jpeg 1364w\" sizes=\"(max-width: 1194px) 100vw, 1194px\" \/><\/p>\n<p>In conclusion, the current geopolitical context is accelerating the return on investment for those transitioning to electric mobility. The shift toward zero-emission transport is emerging as the most effective hedge against energy inflation, where every kilometer driven on electricity protects regional capital and strengthens the economic resilience of Latin America and the Caribbean.<\/p>\n<p><strong>For more information, please visit the following link or contact:<\/strong><\/p>\n<p>Diana Soriano<br \/>\nHead of Communications<br \/>\ndiana.soriano@olacde.org<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Operating an electric vehicle today is USD 2,000 cheaper than a gasoline-powered one. In the case of electric buses, it is USD 26,000 more economical than a diesel unit.<\/p>\n","protected":false},"author":3,"featured_media":33109,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[252,26],"tags":[],"class_list":["post-33103","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","category-news","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.0 (Yoast SEO v23.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Latam and Caribbean save $3M daily as electromobility offsets fuel crisis - OLACDE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Latam and Caribbean save $3M daily as electromobility offsets fuel crisis\" \/>\n<meta property=\"og:description\" content=\"Operating an electric vehicle today is USD 2,000 cheaper than a gasoline-powered one. In the case of electric buses, it is USD 26,000 more economical than a diesel unit.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/\" \/>\n<meta property=\"og:site_name\" content=\"OLACDE\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/OLADEORG\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-08T15:32:53+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/portadas-notas-web3.png\" \/>\n\t<meta property=\"og:image:width\" content=\"847\" \/>\n\t<meta property=\"og:image:height\" content=\"570\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@OLADEORG\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/\",\"url\":\"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/\",\"name\":\"Latam and Caribbean save $3M daily as electromobility offsets fuel crisis - OLACDE\",\"isPartOf\":{\"@id\":\"https:\/\/www.olade.org\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/portadas-notas-web3.png\",\"datePublished\":\"2026-04-06T21:01:09+00:00\",\"dateModified\":\"2026-04-08T15:32:53+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/#primaryimage\",\"url\":\"https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/portadas-notas-web3.png\",\"contentUrl\":\"https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/portadas-notas-web3.png\",\"width\":847,\"height\":570},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.olade.org\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Noticias\",\"item\":\"https:\/\/www.olade.org\/en\/noticias\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Latam and Caribbean save $3M daily as electromobility offsets fuel crisis\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.olade.org\/en\/#website\",\"url\":\"https:\/\/www.olade.org\/en\/\",\"name\":\"OLADE\",\"description\":\"La Organizaci\u00f3n Latinoamericana y Caribe\u00f1a de Energ\u00eda\",\"publisher\":{\"@id\":\"https:\/\/www.olade.org\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.olade.org\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.olade.org\/en\/#organization\",\"name\":\"OLADE\",\"url\":\"https:\/\/www.olade.org\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.olade.org\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.olade.org\/wp-content\/uploads\/2024\/03\/Logo-OLADE-WEB_Color.png\",\"contentUrl\":\"https:\/\/www.olade.org\/wp-content\/uploads\/2024\/03\/Logo-OLADE-WEB_Color.png\",\"width\":300,\"height\":132,\"caption\":\"OLADE\"},\"image\":{\"@id\":\"https:\/\/www.olade.org\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/OLADEORG\",\"https:\/\/x.com\/OLADEORG\",\"https:\/\/www.youtube.com\/user\/oladeorg\",\"https:\/\/www.instagram.com\/oladealc\/\",\"https:\/\/www.linkedin.com\/company\/olade\/\"],\"description\":\"La Organizaci\u00f3n Latinoamericana de Energ\u00eda (OLADE) es un organismo de cooperaci\u00f3n, coordinaci\u00f3n y asesor\u00eda t\u00e9cnica, de car\u00e1cter p\u00fablico intergubernamental, constituido el 2 de noviembre de 1973 mediante la suscripci\u00f3n del Convenio de Lima, ratificado por 27 pa\u00edses de Am\u00e9rica Latina y El Caribe, con el objetivo fundamental de fomentar la integraci\u00f3n, conservaci\u00f3n, racional aprovechamiento, comercializaci\u00f3n y defensa de los recursos energ\u00e9ticos de la Regi\u00f3n.\",\"email\":\"info@olade.org\",\"telephone\":\"+59322598122\",\"legalName\":\"Organizaci\u00f3n Latinoamericana de Energ\u00eda\",\"foundingDate\":\"1973-11-02\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"51\",\"maxValue\":\"200\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Latam and Caribbean save $3M daily as electromobility offsets fuel crisis - OLACDE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/","og_locale":"en_US","og_type":"article","og_title":"Latam and Caribbean save $3M daily as electromobility offsets fuel crisis","og_description":"Operating an electric vehicle today is USD 2,000 cheaper than a gasoline-powered one. In the case of electric buses, it is USD 26,000 more economical than a diesel unit.","og_url":"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/","og_site_name":"OLACDE","article_publisher":"https:\/\/www.facebook.com\/OLADEORG","article_modified_time":"2026-04-08T15:32:53+00:00","og_image":[{"width":847,"height":570,"url":"http:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/portadas-notas-web3.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_site":"@OLADEORG","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/","url":"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/","name":"Latam and Caribbean save $3M daily as electromobility offsets fuel crisis - OLACDE","isPartOf":{"@id":"https:\/\/www.olade.org\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/#primaryimage"},"image":{"@id":"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/#primaryimage"},"thumbnailUrl":"https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/portadas-notas-web3.png","datePublished":"2026-04-06T21:01:09+00:00","dateModified":"2026-04-08T15:32:53+00:00","breadcrumb":{"@id":"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/#primaryimage","url":"https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/portadas-notas-web3.png","contentUrl":"https:\/\/www.olade.org\/wp-content\/uploads\/2026\/04\/portadas-notas-web3.png","width":847,"height":570},{"@type":"BreadcrumbList","@id":"https:\/\/www.olade.org\/en\/noticias\/latam-and-caribbean-save-3m-daily-as-electromobility-offsets-fuel-crisis\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.olade.org\/en\/"},{"@type":"ListItem","position":2,"name":"Noticias","item":"https:\/\/www.olade.org\/en\/noticias\/"},{"@type":"ListItem","position":3,"name":"Latam and Caribbean save $3M daily as electromobility offsets fuel crisis"}]},{"@type":"WebSite","@id":"https:\/\/www.olade.org\/en\/#website","url":"https:\/\/www.olade.org\/en\/","name":"OLADE","description":"La Organizaci\u00f3n Latinoamericana y Caribe\u00f1a de Energ\u00eda","publisher":{"@id":"https:\/\/www.olade.org\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.olade.org\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.olade.org\/en\/#organization","name":"OLADE","url":"https:\/\/www.olade.org\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.olade.org\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.olade.org\/wp-content\/uploads\/2024\/03\/Logo-OLADE-WEB_Color.png","contentUrl":"https:\/\/www.olade.org\/wp-content\/uploads\/2024\/03\/Logo-OLADE-WEB_Color.png","width":300,"height":132,"caption":"OLADE"},"image":{"@id":"https:\/\/www.olade.org\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/OLADEORG","https:\/\/x.com\/OLADEORG","https:\/\/www.youtube.com\/user\/oladeorg","https:\/\/www.instagram.com\/oladealc\/","https:\/\/www.linkedin.com\/company\/olade\/"],"description":"La Organizaci\u00f3n Latinoamericana de Energ\u00eda (OLADE) es un organismo de cooperaci\u00f3n, coordinaci\u00f3n y asesor\u00eda t\u00e9cnica, de car\u00e1cter p\u00fablico intergubernamental, constituido el 2 de noviembre de 1973 mediante la suscripci\u00f3n del Convenio de Lima, ratificado por 27 pa\u00edses de Am\u00e9rica Latina y El Caribe, con el objetivo fundamental de fomentar la integraci\u00f3n, conservaci\u00f3n, racional aprovechamiento, comercializaci\u00f3n y defensa de los recursos energ\u00e9ticos de la Regi\u00f3n.","email":"info@olade.org","telephone":"+59322598122","legalName":"Organizaci\u00f3n Latinoamericana de Energ\u00eda","foundingDate":"1973-11-02","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"51","maxValue":"200"}}]}},"_links":{"self":[{"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/noticias\/33103"}],"collection":[{"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/users\/3"}],"version-history":[{"count":2,"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/noticias\/33103\/revisions"}],"predecessor-version":[{"id":33111,"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/noticias\/33103\/revisions\/33111"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/media\/33109"}],"wp:attachment":[{"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/media?parent=33103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/categories?post=33103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.olade.org\/en\/wp-json\/wp\/v2\/tags?post=33103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}