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Brazil without electric cars? Stellantis CEO sees no need for such cars in the country

  • February 28, 2023
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The market for electric vehicles is growing, mainly due to the global drive to develop sustainable energy to combat climate change. However, this is not the only solution,

Brazil without electric cars?  Stellantis CEO sees no need for such cars in the country

The market for electric vehicles is growing, mainly due to the global drive to develop sustainable energy to combat climate change. However, this is not the only solution, and in some countries they are not unanimous – this is the case Brazil. Carlos tavaresgroup CEO stellantisa group that owns brands such as jeep, decree This Peugeotsaid that he did not see the need for such machines on our territory.

According to the chief, Brazil already has good solutions for the planet, as does ethanol, biofuels are considered “green” and well-commented in discussions about sustainability. Since the country has a large land area, the production of the element is available and receives investment for growth. This makes the electricity market less viable and devoid of “preferences”.

“My honest assessment is no, they don’t need [de carros elétricos em massa]Tavares told reporters at the presentation of the company’s results in 2022. “The fact that there are large lands in Brazil where ethanol production will not compete with food production is very good. So why would you waste society’s resources on something that won’t benefit the planet?”

The price of electrified cars was also considered negative compared to ethanol cars, as they are much more expensive and prevent them from becoming popular, at least at the beginning of their distribution.

Production in Brazil continues and may be expanded

However, despite the positioning inevitably leading people to think that Stellantis will not produce electric vehicles for Brazil, this will not happen. The organization plans to launch nine models before the end of 2023 – and the country will receive them. According to Tavares, the movement is aimed at not giving way to competitors in the market.

The CEO position makes sense if you notice positive numbers for the group in the area. In 2022, EV sales grew by 41% compared to 2021, prompting Stellantis to increase its current product line from 23 to 32 this year and to 47 in 2024. And even with a “little need”, Brazilian consumers should take advantage of these releases.

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Source: Mundo Conectado

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