Brazil started 2023 with a great boost in electromobility by registering record figures in electric vehicle sales. According to figures released by the Brazilian Association of Electric Vehicles (ABVE), the market had the best January, at the beginning of 2023, the best month of January with 4,503 units registered.
The guild details that compared to January 2022 (2,558), the growth was 76%, while compared to January 2021 (1,321), it was 241%.
The numbers indicate that the performance of electrified vehicle sales in early 2023 maintains the strong pace seen last year and over the past five years.
Annual Breakdown
ABVE specifies in its report that sales from January to December 2022 (49,245) were 41% higher than the same period in 2021 (34,990), which had already been 77% higher than 2021 (19,745).
With those numbers, the total fleet of light electric vehicles (cars + light commercial vehicles) in circulation in Brazil went from 130,000 cars, from 2012 to January 2023.
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Plug-in Segment
Of the 4,503 electrified light vehicles, 755 were light fully battery electric vehicles, the BEVs (Battery Electric Vehicle), with 17% of the total number of electric vehicles sold in the month.
Plug-in Hybrid Electric Vehicles (PHEVs), with sales of 1,707 units, accounted for 38% of the total number of electric vehicles registered in the month.
Non-plug-in hybrids (HEV – Hybrid Electric Vehicle) continue to lead, with 2,041 units registered in January, representing 45% of the total number of light electric vehicles.
HEVs continue to be classified as HEV flex, with 1,541 units registered (34%), and HEV gasoline, with 500 units (11%).
The market share of electrified light vehicles was 3.4% in relation to the total number of light vehicles sold in the Brazilian domestic market in January (130,460, according to Fenabrave).
This market share sets a new record for the penetration of electric vehicles in the Brazilian market, considering that in January 2022, for example, the market share of electric vehicles was 2%.
