This briefing examines the EV development and sales strategies that automakers are pursuing in Brazil compared with other major global vehicle markets.
But Brazil, the largest market in the region, is going in the opposite direction, with PHEVs commanding two thirds of the EV market and reaching an all-time high record in December.
Sales of plug-in vehicles — including PHEVs and BVEs — totaled almost 125,625 in 2024, representing a 71pc of total EV sales and more than double from the 52,360 units sold in 2023.
Brazil, having bet big on flexi-fuel engines (capable of running on ethanol or ethanol-gasoline mixtures), and by far the largest country in the region as far as landmass, is naturally going
This study explores the total cost of ownership (TCO) and green premium of electric vehicles (EVs), including plug-in hybrid electric vehicles (PHEVs), hybrid electric vehicles (HEVs),
This report presents a comprehensive overview of the Brazilian plug-in hybrid electric vehicles (phevs) market, the effect of recent high-impact world events on it, and a forecast for the market development
A primary goal of President Luiz Inacio Lula da Silva''s administration has been to stimulate local EV manufacturing, and in January 2024, Brazil introduced an import tax on battery
Unlike hybrid electric vehicles (HEVs), PHEVs have a battery pack which is recharged by plugging into a standard electrical outlet.
Brazil is experiencing a revolution in sustainable mobility, with a significant increase in electric vehicles (EVs) use. This article presents a detailed analysis of the number of EVs in use, future projections,
The report provides a strategic analysis of the plug-in hybrid electric vehicles (phevs) market in Brazil and describes the main market participants, growth and demand drivers, challenges,
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