Affordable Chinese EVs Arrive in Latin America Expanding Market

Latin America is witnessing a surge in affordable electric vehicles (EVs), with Costa Rica becoming the first country outside of China to receive the Geely Geome, a competitively priced model aimed to compete with internal combustion engine vehicles in developing markets. This growth in EV adoption is part of a broader global trend where AI and technology are being harnessed to drive sustainable economic development, including supporting entrepreneurship and innovation aligned with environmental and social goals. In the U.S., states like New York are leading efforts to integrate AI with clean energy initiatives, such as using AI to reduce delays in connecting renewable power to the grid and advancing nuclear fusion research. Meanwhile, Africa is focusing on building critical infrastructure to scale AI capabilities, emphasizing the need for localized data centers and renewable power to support digital sovereignty and innovation on the continent. These developments reflect a global momentum toward leveraging AI and clean technologies to create more resilient, inclusive, and sustainable economic futures.