Brazil expected to have 28,000 electric vehicles by year-end, association projects

RIO DE JANEIRO, BRAZIL – A projection by the Brazilian Association of Electric Vehicles (ABVE) claims that the country will have 28,000 electric cars, motorcycles, and trucks by the end of 2021.

The optimistic forecast comes after the automotive market segment posted the best four-month period since official records began almost 10 years ago.

In April, 7,290 electric vehicles were sold, an increase of almost 30% compared to the same period in 2020, and by the end of the year 28,000 new electric cars could be registered.

These models do not pollute, are quieter, and are cheaper to maintain than conventional vehicles, although their initial cost is much higher.

In some countries, the increase in the electric car fleet is a result of stricter rules for carbon dioxide emissions and government subsidies. However, in Brazil, experts say that taxation on battery-powered cars is still delaying the widespread adoption of these models.