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Last Updated: Apr 25, 2025 | Study Period: 2022-2030
During a high-level meeting held in Port of Spain, Trinidad and Tobago, by the German Federal Enterprise for International Cooperation (GIZ) in collaboration with ECLAC Caribbean, the finance proposal for a plan to introduce electric and hybrid vehicles in the public sector of Saint Lucia was reviewed.
The proposal by the government of Saint Lucia to convert its fleet of government vehicles from gasoline to electric and hybrid vehicles, as well as to build a solar parking lot with facilities for charging electric cars, constitutes a significant step in that direction.
The Government of Saint Lucia put out this creative idea as part of a project named "Sustainable Energy in the Caribbean: Reducing the Carbon Footprint in the Caribbean via the Promotion of Energy Efficiency (EE) and the Use of Renewable Energy (RE) Technologies," which aims to increase the capability of Caribbean nations in the fields of energy efficiency and renewable energy.
The Saint Lucia Electric Vehicle Market Accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
A small fleet of electric buses will be introduced to Saint Lucia's urban regions as part of the Global E-Mobility Program, opening the door for increased public and private ownership of the cutting-edge cars.
The Global Environment Facility (GEF) is funding the four-year initiative, which will be managed by the United Nations Environment Programme and carried out by Saint Lucia's Ministry of Sustainable Development, Energy, Science and Technology.
The Federal Enterprise for International Cooperation (GIZ), in collaboration with, hosted a high-level meeting in Port of Spain, on, where the financing proposal for a plan to introduce electric vehicles in Saint Lucia's public service was discussed.
This is a significant step in the plan put forth by the government of Saint Lucia to convert its fleet of official vehicles from gasoline to electricity and to build a solar parking lot with equipment for recharging electric cars.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2030 |
21 | Product installation rate by OEM, 2022 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |