Brazil is making significant strides towards electromobility, adopting strategies to overcome challenges in infrastructure, regulation, and financing. Here are the most relevant keys to boosting this sector in the country:
Expansion of Charging Infrastructure
The country plans to increase its network of charging stations by 72% by 2024, adding 2,500 new stations to reach a total of 6,800 operational charging points. This expansion aims to eliminate “range anxiety,” a critical factor for consumer adoption of electric vehicles (EVs).
Solar Energy
Integrating solar energy systems for EV charging is a crucial trend. NeoCharge and Voolta offer solutions combining self-generated energy and electric chargers, resulting in savings of up to 80% compared to fossil fuels.
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Boost to Local Production
BYD and GWM are investing in factories in Brazil, leveraging tax incentives and the growing demand for EVs. This approach reduces import costs and stimulates local employment.
Regional Collaboration and Events
Latam Mobility & Net Zero Brasil gathers sector leaders to discuss advances and innovations. Such platforms are essential for aligning stakeholders toward common goals.
Public and Private Financial Support
The BNDES and international organizations finance electric mobility projects, ensuring resources for infrastructure and new technologies. Additionally, EMBRAPII supports innovation with non-reimbursable funds, encouraging sector research.
Latam Mobility in the Region
Following a successful 2024 tour, Latam Mobility has established itself as the most important sustainable mobility community in Latin America, generating synergy among the actors involved to expand decarbonization.
In 2025, the Invest In Latam network will continue its impact in the region with confirmed events in Colombia, Brazil, Chile, and Mexico.
Learn more about our events and become an agent of change here.