Chinese electric vehicle (EV) manufacturers are rapidly expanding their footprint in South America, with Peru's newly operational Chancay Port serving as a critical gateway. Built through a partnership between the Chinese mainland and Peru, the deep-water port has streamlined logistics for EV shipments, enabling faster delivery to markets in Chile, Brazil, and Argentina.
Industry data shows Chinese EV exports to South America grew by 62% year-on-year in 2025, driven by competitive pricing and rising regional demand for sustainable transport. Analysts attribute this growth to the Chancay Port's strategic location, which reduces transit times by three weeks compared to traditional routes.
"This infrastructure aligns with broader Belt and Road Initiative goals," said a Lima-based trade expert. "It strengthens economic ties while supporting South America's green transition."
Local governments have welcomed the influx, with Peru's energy minister noting EVs now constitute 18% of new vehicle registrations in major cities. Meanwhile, Chinese automakers are exploring battery production facilities in Chile's lithium-rich regions to further localize supply chains.
