Energy
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Energy
Ecuador's energy landscape has been evolving alongside its GDP growth. In 1960, GDP per capita stood at $2,530 and grew steadily, peaking in 2014 at $6,216, before stabilizing at $5,591 by 2022. This economic growth has fueled increasing energy demands, much of which are met by fossil fuels. To address this, transitioning to e-mobility is crucial for reducing dependency on fossil fuels and promoting renewable energy sources.
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Electric mobility could mitigate traffic congestion, reduce pollution, and improve urban transportation. This transition supports Ecuador’s sustainable development goals by modernizing its energy infrastructure and creating new job opportunities, particularly benefiting the growing female population. Improved public transport can enhance accessibility and economic participation, promoting gender equity.