Brazil Electric Vehicle Market Insights: Policies, Demand, and Challenges
Sep 08, 2025
Brazil's electric vehicle (EV) market is entering a new growth phase, fueled by government incentives, rising consumer awareness, and expanding charging infrastructure. As Latin America's largest automotive market, Brazil is becoming a key player in the global EV transition, offering significant opportunities for automakers, investors, and green technology providers.
Brazilian Automobile Overview
Brazilian Electric Vehicle Policy
Import Tax Policy
Year of 2024: 0% for within the quota and 10% for the excess;
Year of 2025: 0% for within the quota and 18% for the excess;
Year of 2026: 35% as estimated, same as internal combustion engine vehicles;
Encourage the Local Production
The MoVer program focuses on green transportation and innovation, offering tax exemptions, such as red...
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