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Home / News / Check out 4 reasons that will make EVs explode in sales in Brazil

Check out 4 reasons that will make EVs explode in sales in Brazil

According to the managing partner of NeoCharge, electric vehicles are becoming a reality in the country
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  • Photo by Mateus Badra Mateus Badra
  • October 3, 2021, at 08:05 PM
3 min 28 sec read

“The future of EVs (electric vehicles) is getting closer.” This is what Raphael Pintão, managing partner of NeoCharge, said. According to him, the expectation of growth in Brazil is exponential in the coming years.

“There will be a growing participation of the pure electric vehicle – the BEV – in the lives of Brazilians and, consequently, the challenge of creating a supply network for homes, businesses and highways. The structure is still growing, but electrified cars are becoming a reality in the country,” he said. 

According to the executive, in addition to the sustainable issue, there are four reasons that will make EVs explode in sales in Brazil and around the world: “firstly, the cost of supply, which is four times lower in relation to combustion automobiles, followed by the efficiency of the engine electric, which is approximately 95% compared to around 12% to 30% for the combustion engine”. 

Another important factor mentioned by the executive is maintenance, since the electric vehicle has 2 moving parts – the Tesla Model S, for example, has 18 (less than 1% of the combustion vehicle). “And, finally, performance, as the electric motor delivers maximum torque instantly, while the combustion engine delivers maximum torque at approximately 3000 RPM (Rotation Per Minute)”. 

“There is some opposing pressure from combustion engine and ethanol manufacturers, but electrification is a one-way movement and growth here will be rapid, in line with the rest of the world,” he stated.

Read more: Amid rising gasoline prices, sales of EVs continue to rise in Brazil

According to the executive, what is missing is just a more ambitious and structured, long-term plan for the conscious replacement of the old fleet with an electric one. “The electrified car has the potential to significantly reduce urban pollution, including noise pollution, as the engine operates very silently. And other advantages can still be felt in drivers’ pockets: it is estimated that the cost per kilometer to power an electric car is a third less than what is spent on a gasoline car”, he pointed out. 

In Europe, for example, some countries already have a date to ban the sale of combustion vehicles and some of the largest automakers in the world have already announced that they will stop investing in conventional internal combustion engines. 

This year, several automotive manufacturers set medium-term electrification goals. Most brands have announced that they want all – or a large part of the line – to be hybrid or electric by 2030.

EVs and hybrids are the future

Electric and hybrid cars could represent the majority of automobiles in Brazil by 2035, according to a survey carried out by Anfavea (survey by the National Association of Motor Vehicle Manufacturers), in partnership with the Boston Consulting Group. 

To give you an idea, there have been advances in recent years, such as the reduction of IPI (Tax on Industrialized Products) for EVs and Normative Resolution No. 819/2018 of the ANEEL (National Electric Energy Agency), which regulates charging for recharging electric vehicles. 

Regarding infrastructure, there are some laws that require the installation of chargers in certain types of projects, which are already applied in the cities of Brasília and São Paulo. In this scenario, the electrophores are growing in the country, such as, for example, the charging points installed on the BR-27 highway, in Paraná, which crosses the state from east to west, and on the Presidente Dutra highway, which connects the capitals of São Paulo and Rio de Janeiro .  

Read more: New buildings in SP must have a charging point for EVs

“Furthermore, it is worth remembering that most of the chargers will be in the vehicle owners’ homes. Residential demand has increased significantly, a large part of our projects are for construction companies and condominiums”, added the managing partner of NeoCharge.

Brazil electric vehicles Sales
Photo by Mateus Badra
Mateus Badra
Journalist graduated from PUC-Campinas. He worked as a producer, reporter and presenter on TV Bandeirantes and Metro Jornal. He has been following the Brazilian electricity sector since 2020.
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