How much do EVs cost in Cuba?

Felder said he is selling EVs in a price range from $35,000 to $105,000 made by Tesla, BMW, Mercedes-Benz and Nissan, among others. He said 10 Cuban clients are waiting to purchase the vehicles. Felder said his potential clients are private business owners, and he said he, too, was surprised to find out that some may have that kind of money.

How will the sale and import of motor vehicles in Cuba expand?

Sale and import of motor vehicles in Cuba expanded. Sales will be made through wholesalers and the price will be based on the acquisition cost and with up to 30% of commercial margin. Excerpts:

Can a US company sell electric cars to Cuba?

Ramon Espinosa AP The Biden administration has allowed a U.S. company to sell electric cars to Cuba in a bet to help the island’s private sector, but the days American-made Teslas will be rolling on Havana streets are still to come. Instead, cheaper Chinese models, some assembled in Cuba, are already on the island’s roads and available for rent.

Why is America renting electric cars in Cuba?

The U.S. embassy in Havana is renting Chinese electrical cars citing fuel shortages in Cuba. Cuba’s EV market is dominated by China but the Biden administration has authorized American companies to sell electric cars to embassies and private businesses.

Can US Embassy import electric cars to Cuba?

Though the U.S. embassy can import the cars it needs directly, Kavulich questioned why embassy officials did not contact Felder before deciding to pay the Cuban government and use Chinese electric vehicles. “Why license a U.S. company to export EVs to Cuba- to citizens, private companies, and embassies and then ignore them, not ask for assistance?”

Will Cuba's energy crisis threaten the electric vehicle sector?

Ramses Calzadilla, director of strategy at Cuba's energy ministry, said he was confident that electricity generation would be restored to full capacity shortly and insisted the situation did not threaten the burgeoning electric vehicle sector.