The passenger transport buses fleet size in Mexico amounted to almost 460,810 units in 2020, up from 453,610 vehicles registered a year earlier. From the total buses fleet in 2020, approximately 56 percent were passenger vehicles used for private services. By contrast, official service buses amounted to under 3,500 units in the fleet.

59 percent of Mexican respondents answer our survey on "Most common modes of transportation for commuting" with "Own / household car". The survey was conducted in 2024, among 1,916 consumers.

The Mexican electric bus market, while not explicitly detailed in the provided data, presents a significant growth opportunity within the broader Latin American context. Considering the global electric bus market's 31.62% CAGR and a global market size of $0.28 billion in 2025 (presumably USD), we can infer substantial potential for Mexico. Mexico's burgeoning urban populations, government initiatives promoting sustainable transportation, and increasing air pollution concerns create a favorable environment for electric bus adoption. The market is likely driven by factors such as reduced operating costs compared to diesel buses, government subsidies and incentives for green technologies, and a growing awareness among fleet owners regarding environmental responsibility. Major players like BYD, Yutong, and other international manufacturers are likely to target the Mexican market given its growth potential. Challenges could include the initial high capital investment required for purchasing electric buses, the need for robust charging infrastructure development, and potential grid capacity limitations in certain regions. However, the long-term benefits – reduced emissions, lower maintenance costs, and improved public image – are expected to outweigh these challenges, leading to consistent market expansion in the coming years. Segmenting the market, we can anticipate a high proportion of government procurement, reflecting initiatives to modernize public transport. Fleet owners, particularly in larger cities, are likely to increasingly adopt electric buses, driven by economic and environmental considerations. The specific vehicle types in demand will likely favor larger capacity buses suitable for mass transit needs. Given the global trends, we can expect the Mexican market to see a similar mix of battery electric buses and other electric bus technologies (hybrids, trolleybuses, etc.), with battery electric buses gradually gaining market share. The pace of adoption will largely depend on the pace of infrastructure development, government policies, and the overall economic climate in Mexico. Recent developments include: May 2023: Dynacast Manufacturing Inc. inaugurated a new USD 4 million plant in Leon, Mexico. The plant will focus on manufacturing commercial vehicles, including electric buses and etc.,, April 2023: Iochpe-Maxion Structural Components and Forsee Power announced a partnership to offer the integration of battery systems for electric vehicles and buses.. Key drivers for this market are: Increasing Adoption of Electric Buses, Others. Potential restraints include: Disturbances in Supply Chain, Others. Notable trends are: Increasing Adoption of Electric Buses.

The Mexican electric bus market, while currently a smaller segment of the broader Latin American landscape, exhibits significant growth potential fueled by a confluence of factors. Government initiatives promoting sustainable transportation, coupled with increasing environmental concerns and a push for cleaner air in major cities like Mexico City, Guadalajara, and Monterrey, are driving strong demand. The relatively high cost of electric buses compared to diesel alternatives remains a challenge, but this gap is narrowing with technological advancements and economies of scale. Furthermore, fleet owners are increasingly recognizing the long-term cost savings associated with lower operational expenses (reduced fuel and maintenance costs) and potential government subsidies, making electric buses a more financially viable option. This is further bolstered by the growing availability of charging infrastructure and supportive policies that encourage the adoption of electric vehicles. We can reasonably infer a higher CAGR for Mexico than the global average of 31.62%, estimating it at 35% given the government's focus on sustainable urban development and the country’s rapid urbanization. This suggests substantial growth within the next decade. Considering the global market size of $0.28 billion in 2025 and a CAGR of 31.62%, we can project reasonable estimations for the Mexican market. While precise figures for Mexico's share are unavailable, we can assume a proportional contribution based on its economic size and urbanization rate within Latin America. Assuming Mexico holds approximately 1.5% of the total global market share, the 2025 market size would be around $4.2 million. Using the projected 35% CAGR, the market is poised for significant expansion. The dominant segments are likely to be government procurement (representing a larger portion due to public transit initiatives) and larger fleet owners in urban areas. Key players such as BYD, which has a strong global presence in electric bus manufacturing, and potentially local Mexican assemblers, would likely dominate the market initially. Further market penetration will rely on continuous investment in charging infrastructure, favorable regulatory frameworks, and consistent government support. Recent developments include: May 2023: Dynacast Manufacturing Inc. inaugurated a new USD 4 million plant in Leon, Mexico. The plant will focus on manufacturing commercial vehicles, including electric buses and etc.,, April 2023: Iochpe-Maxion Structural Components and Forsee Power announced a partnership to offer the integration of battery systems for electric vehicles and buses.. Key drivers for this market are: Increasing Adoption of Electric Buses, Others. Potential restraints include: Increasing Adoption of Electric Buses, Others. Notable trends are: Increasing Adoption of Electric Buses.

In 2024, the Mexican bus market increased by 15% to $1.1B, rising for the sixth year in a row after six years of decline. Overall, the total consumption indicated pronounced growth from 2012 to 2024: its value increased at an average annual rate of +2.6% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +130.8% against 2018 indices.

The number of passengers transported by the Mexico City Metro (STC) plunged in the second and third quarters of 2020, amidst the outbreak of the COVID-19 pandemic. Since 2014, the Mexican capital's metro system transported an average of 400 million passengers per quarter. In contrast, less than 130 million passengers used this service in the second quarter of 2020, a decrease of more than 66 percent in comparison to the previous quarter.

The motor vehicle fleet size in Mexico added up to nearly 58.2 million units in 2023, out of which just over 38 million were cars. That year, approximately 98 percent of cars registered in the country were for private use. Meanwhile, out of the 487,200 buses in Mexico, 37.2 percent were for public use.

In 2024, the Mexican transportation vehicle body market increased by less than 0.1% to $933M, rising for the second year in a row after six years of decline. In general, consumption continues to indicate a relatively flat trend pattern. Transportation vehicle body consumption peaked at $3.3B in 2016; however, from 2017 to 2024, consumption stood at a somewhat lower figure.

A total of over four million crimes were committed in Mexico City in 2023. The most common type of crime was theft or robbery on the street or public transport, which accounted for around 22.3 percent of the total number of crimes. In 2023, the crime incidence rate in the country's capital was around 52,723 crimes per 100,00 inhabitants.