Brazilian Electric Vehicle and Supporting Infrastructure Market
Brazilian Electric Vehicle and Supporting Infrastructure Market
This market insight covers the Brazilian electrical vehicle (EV) and supporting infrastructure market. It focuses on pure EVs and recharge station infrastructure, presenting actual business models and new model propositions. Further, analysis takes into account Brazil’s fuel scenario as well as government regulations and incentives for EV use. Market dynamics are evaluated in terms of drivers and restraints. The service also covers EV market revenue, vehicle unit growth, and other important variables that will affect implementing EV infrastructure. Strategic conclusions emphasize the most important aspects of this market. The base year is 2012, and the forecast period is from 2013 to 2017.
Executive Summary
- The Brazilian electric vehicle (EV) market is nascent but holds enormous potential if automakers decide to invest in it.
- Energy distributers are investing in EV research and development (R&D) to analyze how these vehicles will affect infrastructure. These companies are creating partnerships and are open to new investments.
- There are xx EVs in the Brazilian market, but by 2017, numbers will reach more than xx. In addition, recharge station penetration will cover more than xx% of customers by 2017.
- New business models, including sharing services and the development of integrators that bring together various stakeholders, will create a new market. Distributers, automakers, and government-created partnerships will be instrumental in the implementation of EVs.
- Fuel costs are expected to increase while electricity tariffs, with new regulations such as MP xx, are expected to decrease. This will encourage EV market growth, which will, in turn, influence growth in infrastructure.
- Drivers and restraints will impact the short, medium, and long terms.