According to a report published McKinsey and company, North American business consulting firm, 55% of new car models made in Brazil will be all-electric by 2040. In this context, 20% of all cars in circulation will be zero-emission, all added to an economic potential of 340 reais. billion. The results were published as part of the study Sustainable mobility in Brazilbased on a survey of 3 thousand people aged 30 to 49 years with a monthly income of 4 to 12 thousand reais.
In this context, 20% of all vehicles in circulation will be zero-emission vehicles (…) with an economic potential of BRL 340 billion.
Forecasts remain positive, even despite the recent controversy related to The federal government and Anfawea are discussing possible taxation of electric vehicle imports.; however, the data shows that our market, while on the right track to achieve its goals, needs to be aware of some hurdles.
infrastructure and the price of these cars there are problems that cannot be ignored. At the current rate of market growth and consumer interest, it is quite possible that the target will be reached by 2040. For everything to go according to plan, constant investment will be required. For chargers and charging stations, 45% annual growth is needed to achieve the predicted results.

(Loans: Ernest Auger / Unsplash)
Other Research Predictions for the Future of Electric Vehicles in Brazil
In the group of respondents 44% seek sustainable funds for their daily commuting needs and 24% are enthusiasts of environmentally friendly vehicles. ABOUT 25% people say their next car will be sustainable, and 15% participants prefer an electric car; eleven% of respondents said they were betting on a hybrid model.
In the survey, 44% are looking for environmentally friendly vehicles for their daily commute, and 24% are emission-free vehicle enthusiasts.
In order to achieve the goal BRL 340 billion in income, government incentives are expected to stimulate the segment with private investment. The exemption from taxes on imports, which is now being questioned, is one such mechanism, as is the exemption from IPVA and speed reduction FDI (taxes on industrial products). Current results are still far below those studied before 2040: an income of 5.2 billion reais per year. It is assumed that by 2025 it will be possible to reach 20 billion reais.
Continuation after commercial
Electric Vehicles: General Motors Competes to Participate in Vale Contributions
Representatives for Vale and GM declined to comment prior to the publication of this article.
Source: McKinsey & Company.
…..