The Barbados government achieved a primary budget surplus for 2024, strengthening fiscal stability. While the economy shows resilience, the push for electric vehicles and sustainable transport is reshaping the automotive industry. Key infrastructure issues at the port remain challenges for vehicle imports and the overall business environment.
Economic Outlook and Fiscal Performance
In 2025 Barbados sustained its economic recovery with modest GDP growth and improved public finances. The national budget reported a primary surplus, reinforcing Barbados’s commitment to prudent fiscal policy. However, supply chain disruptions and port congestion have affected importers, particularly in the automotive sector, as hundreds of new and used vehicles remain stuck at port facilities.
Electric Vehicle Adoption and Infrastructure
Barbados has emerged as a regional leader in electric mobility. The government accelerated adoption of electric buses, achieving nearly full fleet electrification, and announced plans to add more zero-emission vehicles. Incentives for electric car purchases have prompted dealerships to adjust their offerings. Automotive retailers like Courtesy launched hybrid and electric models and now provide complimentary home charger installations to buyers. A new BYD dealership opened exclusive sales of fully electric models such as the Seal, Sealion 7, and Yuan Plus.
New Models Making Debuts
In May 2025 Barbados hosted the Caribbean debut of a fully electric pickup truck from Geely’s Riddara brand. The event showcased Barbados as a regional hub for electric vehicle launches. Companies like Megapower and Vision Equipment Supply are working to expand charging infrastructure and after-sales support, reinforcing the transition.
Infrastructure Constraints and Challenges
Despite enthusiasm, infrastructure constraints persist. Barbados reports more than 600 electric vehicles on the road and over 100 charging stations, the highest per capita in the Caribbean. Collaboration between government agencies and dealers aims to expand the public network. However, the backlog of 400–500 vehicles at the port continues to create logistical and financial burdens for importers and retailers.
Government Initiatives and Mobility Projects
The government is also advancing major projects to improve roads, energy, and climate resilience. A pioneering debt-for-climate adaptation deal freed up funds for sewage treatment, water security, and renewable energy upgrades. Meanwhile, the Transport Board’s transition to electric buses and modern traffic and road safety regulations seek to support cleaner mobility and safer roads.
Conclusion
Barbados in 2025 presents a mixed picture. Sound economic management, climate-smart fiscal instruments, and investment in EVs and infrastructure are positive developments. Yet supply chain issues and capacity constraints at the port illustrate the complexity of transitioning to a sustainable automotive sector. Continued coordination between government, dealers, and private sector partners will be essential to build a modern, resilient transport ecosystem.
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