To read this content please select one of the options below:

Mover seeks to drive Brazil's automotive modernisation

Wednesday, August 28, 2024

Significance

The Brazilian market is large and, to date, has been highly concentrated on flex-fuel-powered passenger vehicles. However, there has been a recent sharp increase in the sales of hybrid and electric vehicles (EVs).

Impacts

  • The Mover programme highlights the government’s aim of driving the transition in the automotive sector.
  • Future automotive technology seems set to be divided between EVs and hybrid ethanol-powered vehicles.
  • Divisions between traditional and Chinese carmakers in Brazil mirror the escalating competition globally.

Related articles

Expert Briefings logo