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Mileto: Electric car from Brazilian startup could hit the market for less than BRL 99,000

  • September 13, 2022
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Many consider it an “inaccessible segment”. Miletus, a Brazilian startup, intends to change this view of electric vehicles. The proposal will be to offer a modern car at

Mileto: Electric car from Brazilian startup could hit the market for less than BRL 99,000

Many consider it an “inaccessible segment”. Miletus, a Brazilian startup, intends to change this view of electric vehicles. The proposal will be to offer a modern car at a cost below 99 thousand Brazilian reais. Currently, similar electric vehicles cost at least 146 thousand Brazilian reais. At the newly opened plant in Porto Real (RJ), Autotech has added two models to its curriculum, prima as well as Duetapproved in safety and performance testing and are in the process of being approved senatrane (National Department of Road Traffic), permission before production. The amounts they intend to charge will be 98 thousand Brazilian reais as well as 120 thousand Brazilian reaisrespectively,

For the investment to be viable, the company looked to Chinese market some equipment is ready and unmarked, so parts can be imported. A car in this segment has an average 200 piecesmuch easier than with an internal combustion engine.

OUR Miletus He also has other products such as fortissmall van sold 98 thousand Brazilian reaiswhich ensures battery life 150 km and the ability to charge up to 800 kg in a dump truck, and three motorcycles were sold between 17 brazilian reais as well as 24 thousand Brazilian reais, the difference of which is the ability to charge from home outlets. Deliveries are scheduled for October.

IPTU: electric vehicle owners will receive a tax rebate in Sao Paulo

IPTU: electric vehicle owners will receive a tax rebate in Sao Paulo
The benefit is part of an effort to encourage the transition to 100% electric vehicles.

More on Mileto and its future EV projects

Two brothers are involved in the initiative: Philip as well as Alexander de Oliveira. One of the proposals Mr. autotech founded 9 months ago to develop a fully customizable electric vehicle powered by 3D printer. Alexander indicates that: “We want to launch the first printed car by the end of next year.”

We want to release the first printed car by the end of next year.

until 2023brothers plan to launch ‘first printed car’ at starting price 79 thousand Brazilian reais. The product will be cheaper because only 70 pieces to assemble them instead 200, like us models noted above. Of the obstacles they face, the man concludes:

“We are moving slowly, starting with sales to companies and the government. It has become more difficult to raise capital with funds, but we believe that by the beginning of next year we should close the plant expansion round and start meeting the demand of the end consumer.”

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Source: O Globo, Mileto

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Source: Mundo Conectado

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