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The Electric Motorcycle Market Is Growing in Brazil Due to the Constant Rise in Gasoline and Ethanol and Also Due to the Prices of Electric Cars. In Addition, GNV Has Also Been a Great Option for Those Who Do Not Want to Abandon the Internal Combustion Engine
Being more economical, practical, and fast, electric motorcycles have been a solution for Brazilians looking to escape the high prices of gasoline and electric cars. Manaus holds 64% of this type of fleet, and according to Detran-AM, in the last two years, the number of electric motorcycles sold in 2019 has exceeded 18.5%, when 203.7 thousand were registered. After the increase in gasoline prices, two-wheeled vehicles have become a better option, especially for those who prioritize savings.
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Over 1 Million Electric Motorcycles Produced in Less Than a Year
According to the Brazilian Association of Motorcycle, Moped, Ciclomotor, Bicycle and Similar Manufacturers (Abraciclo), the highest production rate of electric motorcycles in the last 6 years was recorded.
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Between January and November, 1.1 million motorcycles were produced at the Industrial Hub of Manaus, a growth of over 25% compared to 2020. Scooters were the models with the most surprising sales performance, with an average of 5.5 units sold. However, for those who do not give up on cars and know that it is no longer viable to use gasoline, compressed natural gas (GNV) is the best option.
GNV reached, for the first time, 21 thousand cubic meters of daily consumption. A large part of GNV consumers turned to the product to try to save on gasoline, and as a result, gas sales accumulated a 28.59% increase in the first ten months of 2021.
100 Thousand Electric Motorcycles Not Produced Due to the Pandemic
Marcos Fermanian, president of Abraciclo, states that motorcycle production could have been even higher, but production lines still operate at reduced capacity due to health protocols.
100 thousand units were not produced in the first quarter due to the second wave of the pandemic in the state. The market is expected to remain warm due to factors such as the use of electric motorcycles for delivery services, high gasoline prices, and high electric car prices. In order to meet the growing demand in the market, Voltz, a manufacturer of scooters and electric motorcycles, will begin production at its new factory in the Free Trade Zone of Manaus in the first quarter of this year.
Voltz’s Plans Highlight New Investments in Manaus
According to Voltz partner Manoel Fonsêca, what prevents Brazilian consumers from acquiring electric motorcycles or cars is a lack of knowledge about these vehicles. Hence, insecurity arises at the time of purchase.
The Voltz factory, which will receive an investment of R$ 54 million, is expected to create 200 jobs in the state and will have a production capacity of up to 15 thousand vehicles per month.
The search for electric motorcycles has gained momentum in recent months with the rising prices of electric cars and gasoline, and these vehicles remain one of the best options for those looking to save on mobility since the cost of refueling is quite low.
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