China dominates Brazilian imports of electric vehicles
Latin America’s largest car market is spending more on Chinese autos than ever before, with Chinese brands accounting for over 50 percent of EVs sold.
Newly released data from Brazil reveals more than half of electric cars sold in the country are made in China, according to reports.
Since electric vehicle (EV) imports began in 2017, Brazilians have bought 37,612 EVs from China or 54 percent of the total (69,633).
Chinese EVs strongly outpace Brazilian imports of such vehicles from India (16,481) or Belgium (6,618).
[See more: BYD launches an electric car entirely manufactured in Brazil]
Although China accounts for a smaller percentage of overall car imports to Brazil – supplying 35,520 cars or 17.6 percent for the year ending 21 November – it is responsible for 61.6 percent (8,896) of 14,445 EVs sold in Brazil during the same period.
Sales meanwhile hit US$651.4 million for the year so far, up nearly 30 percent over the previous record set of US$482.5 million set for the whole of 2011.
In volume terms, China comes second only to Argentina, which has exported 106,143 cars to Brazil so far this year.
