A warm future in Chile.
For us at ONE MOTO, market size isn’t the crucial factor when deciding on our strategic growth plans, we look at where we can make an impact, and where to expand our roots from. Santiago, Chile has a need, our partners have a want and the people deserve to be offered an opportunity.
This article presents the needs from both the market and citizens, there is a deep value driven strategy behind our expansion and our partners are a crucial part of that.
Announcing our first #LatAm expansion territory, #Chile, with questions from industry peers and investors as to “why enter such a small market, compared to the rest of the region” for us at #ONEMOTO, market size isn’t the crucial factor when deciding on our strategic growth plans, we look at where we can make an impact, and where to expand our roots from.
Santiago, Chile has a need, our partners have a want and the people deserve to be offered an opportunity. As the Latin American #deliverymarket continues to evolve, companies like ONE MOTO are strategically targeting the region for #expansion.
Explosive Growth in Latin American Delivery Market
Latin America’s #ecommerce market has experienced exponential growth, with total sales reaching USD 84.95 billion in 2020. The region’s last-mile delivery sector has played a pivotal role in facilitating this growth, driven by #urbanisation, smartphone penetration, and increasing internet connectivity. In Chile specifically, e-commerce sales are projected to reach USD 8.79 billion by 2025, representing a compound annual growth rate (CAGR) of 13.4% from 2020 to 2025.
Transition to Electric Vehicles
Amidst growing #environmental concerns and #sustainability initiatives, there is a rising trend towards the adoption of electric vehicles (EVs) in the Latin American delivery market. According to recent reports, the EV market in Latin America is expected to grow at a CAGR of 19.8% from 2021 to 2028. Chile, in particular, has been proactive in promoting EV adoption, with #government #evincentives and #infrastructure investments aimed at accelerating the transition to cleaner #transport solutions. Incentives aren’t the only driver, it comes from the want within, fortunately our passionate partners in Chile led by Víctor Acero Catalán is the voice and presence behind launching an iconic brand this year.
Costs per Delivery: People and Product
Cost considerations remain a critical factor for delivery service providers operating in Latin America but also the common commuter. Accept congestion, delays, poor #airquality or embrace change – it only takes one to look up when your in Santiago to see the scale of the mountain range backdrop to understand (and be intimidated by the grandeur) there is more to life and “I want to be a part of it for as long as possible”. Making the most from the opportunities available allows you to want to be a part of the difference, if not to everyone, then to yourself and family. High #fuelprices impact many decisions in consumer [vehicle] buying patterns, but also how you travel day-to-day. There is nothing more connected than riding on two-wheels in a beautiful location with the elements (hopefully sunshine and sunsets) to accompany you.
Forecasted Growth and Market Opportunities
The future outlook for last-mile delivery in Latin America is promising, with continued growth projected across the region. Factors such as increasing urbanisation (which reports suggest 68% of us will be living in urbanised areas by 2050), depleting disposable incomes, and the proliferation of online shopping platforms are expected to drive demand for efficient delivery services. Furthermore, technological advancements, including; #routeoptimisation algorithms through telemetry and real-time tracking systems, are enhancing operational efficiency and customer satisfaction.
Although you can tell there is a focus on the delivery sector in each market we operate, the daily commuter, student, business person are our customers and ‘showing them the experience’ of our vehicles is building a solid reputation of a brand built on values.
ONE MOTO’s Strategic Focus on LatAm Market
ONE MOTO, identified Latin America as a strategic market for global expansion. The region’s growing e-commerce sector, coupled with favourable regulatory frameworks and increasing interest in sustainable transport solutions, aligns with ONE MOTO’s mission to #decarbonise #lastmiledelivery and the way we move.
If you are wanting to learn more about our strategic growth plans, dealership opportunities in LatAm or other geographies, please get in touch.
