Source link : https://tech365.info/brazil-ev-gross-sales-report-as-native-manufacturing-ramps-up-the-latin-american-big-has-began-2026-at-9-8-ev-market-share-cleantechnica/
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It’s been some time since we did an article on Brazil. Final time we checked in was in Could 2025, when whole EV gross sales soared to 14,600 models and market share rose to six.5%. Within the subsequent few months, gross sales grew barely and market share largely stayed between 6% and seven%, which means there wasn’t a lot to essentially report on.
This has been a long-term development with Brazil. Gross sales ramped up quickly in 2023, then stood largely stagnant (with a slight decline) by way of 2024. They ramped up once more in early 2025, surpassing 5% market share, solely to plateau as soon as once more within the second half of the yr.
However the tides are altering. The forces of electrification are taking a maintain onto Latin America’s largest market, and I anticipate this market to look totally different, bolder, and extra promising any more. Let’s take a look at Brazil’s EV market and discover out what’s occurring, and what are these driving forces I’ve such excessive hopes on.
Market Overview
Brazil’s EV gross sales grew slowly however steadily by way of the primary 11 months of 2025, with a peak in October with over 17,500 models. Then in December all hell broke unfastened as EVs surpassed 26,000 gross sales, 77% over December 2024 (which had been a file in itself). January 2026 noticed a decline from December, reaching 16,671 EV gross sales, however January is at…
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Author : tech365
Publish date : 2026-02-26 04:33:00
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