Federal Senate approves incentive for electric vehicles

PL predicts that research contributions should reach R$ 1.3 billion
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Senado Federal aprova incentivo a veículos elétricos
Rodrigo Cunha (União/AL), rapporteur of PL 6.020 and president of the CCT. Photo: Pedro França/Agência Senado

The Science and Technology Committee (CCT) of the Senate approved, in Brasília, last Thursday (19), bill no. 6.020/2019

The text developed by senator Leila Barros (PDT/DF), creates a tax incentive policy for research into the development of electric mobility in Brazil.

The PL establishes that companies in the program Route 2030 – Mobility and Logistics must apply 1.5% of the tax benefit to research carried out by public institutions on the technological development of electric vehicles.

Furthermore, the project conditions investments in the generation of electrical energy inside vehicles, based on ethanol.

According to Rodrigo Cunha (União/AL), project rapporteur and president of the CCT, the growing demand for electric vehicles is a global trend.

“In Germany, these vehicles represent 26% of car sales in 2021. The advancement of electric vehicles is a rapidly accelerating and global process. Brazil needs to plan the future of our automotive industry, which is 20% of industrial GDP”, highlighted Cunha.

The senator pointed out that Brazil, a country favored in terms of mineral wealth, should invest in new chemical formulations for batteries that make good use of these resources.

“This way, we will be able to manufacture the batteries right here, and then export them to foreign markets, instead of simply sending these resources to other countries to manufacture the batteries. And, there is still an important market that could open up for our biofuels, which could even be used to aircraft engines.”

Senator Leila highlights, in the PL's justification, that the Rota 2030 program enables tax exemptions that currently reach the number of R$ 9 billion for companies.

Given this, according to her, incentives for electric mobility research could reach around R$ 135 million per year. With the approval of the proposal, research contributions should reach at least R$ 1.3 billion.

Picture of Stella Miranda
Stella Miranda
Producer of Canal Responde and Solar em 60. She has experience in podcast production, preparation of journalistic articles, interviews and radio production. Student of Journalism at the Pontifical Catholic University of Campinas.

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