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The future of electric cars in Brazil comes from China – the country ranks first in the production of these cars and should soon be a leader in exports
Currently, the cheapest electric car in Brazil costs R$ 160, the JAC e-sJ1, which had arrived costing R$ 150 and has already had a readjustment. For 2022, the presence of electric cars in the country's market should rise 0,5% compared to 2021, which should end the year with 1%. However, most electric cars in Brazil, in 2022, should come from China, a nation that leads the production of batteries and electric vehicles themselves.
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By being a leader in the production of batteries, which is the most expensive component, China has more options to reduce the production costs of electric cars. With the economic downturn caused by the Covid-19 pandemic, the Chinese started looking for new markets to export the electric cars they produce – and are going to invest in Brazil.
“Brazil is one of the markets where they want to have greater penetration with electrified vehicles, but they are already at the forefront in other Latin American markets such as Peru, Chile and Mexico”, said Paulo Roberto Garbossa, from ADK Automotive.
- In the R$45 range, the Fiat Grand Siena does almost 13 km/l and consolidates itself as one of the best-selling vehicles in Brazil
- Toyota reveals new, cheaper mini SUV that promises to shake up the market, replace the Yaris Cross, win the hearts of Brazilians and sell like hotcakes
- Sedan and hatchback, popular and unbreakable: the new Honda City 2025 is the Japanese car that promises to dominate Brazil
- China's billion-dollar investments to spread cheap cars around the world: construction of BYD's second giant ship is ready and promises to transport 7,5 cars at once
Garbossa also said about the strategy adopted by some manufacturers, such as BYD and JAC, which should also be used by brands that have not yet arrived in the country. “Coming to market with electric commercial vehicles is easier, because those who buy can amortize the cost in a shorter period. With a passenger car, many times, the cost x km driven will never pay itself”, he adds.
New launches of electric cars in Brazil
BYD has the eT3, an electric car used by several companies for use in large centers. However, in 2022, the manufacturer will start supplying passenger cars and will launch two 100% electric ones. Meanwhile, JAC has opted for a complete range and has been relatively successful with commercial vehicles such as the iEV750V van and the iEV200T urban truck.
Added to these, another example is the Volkswagen e-Delivery, a 100% electric urban truck, whose development and production take place in the country, and is being adopted by several companies.
Caoa Chery, a Chinese brand, has confirmed its intention to offer more electric cars in Brazil – today, the company only offers the Arrizo 5e – and the Great Wall. According to Garbossa, “There is no longer the notion that a Chinese car is bad. In Brazil, perception has changed with Caoa Chery cars, for example”, and this scenario tends to become even stronger with the arrival of new models.
Currently, the electric car with the lowest price of brands already established in Brazil are the small Peugeot e-208 GT, Fiat 500e and Mini Cooper SE, which cost around R$ 250 thousand.
