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The electric car market in Brazil recorded record growth in the first half of 2024. Discover the numbers and trends in the country.
In a scenario of accelerated transformation, the electric car market in Brazil stands out with impressive numbers.
The first half of 2024 brought a significant increase in sales of electrified vehicles, driving a true revolution in the automotive sector.
According to ABVE (Brazilian Electric Vehicle Association), the data reveals unprecedented growth that promises to redefine the future of mobility in the country.
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Still according to information released by ABVE, between January and June 2024, 79.304 electrified light vehicles were sold in Brazil, a 146% jump compared to the same period in 2023 and an impressive increase of 288% compared to the first half of 2022.
This growth highlights the growing acceptance of battery electric cars (BEV) among Brazilian consumers, who seek sustainable and economical alternatives for their transportation needs.
Within this context, BEVs, electric cars powered exclusively by batteries, won 39% of electrified vehicle registrations in the semester.
This number highlights the importance of these vehicles in leading electromobility in Brazil, consolidating their position as market protagonists.
Best Selling Electric Cars
The highlight of the semester was the BYD Dolphin, which led sales with 9.611 units. This model surpassed its smaller brother, the BYD Dolphin Mini, which sold 9.059 units.
Despite a slight drop in sales of the Mini model in recent weeks, the arrival of the 5-seater version and price adjustments due to import tax could reverse this trend.
Thirdly, the Now 03 recorded 3.687 units sold, standing out for its competitiveness and appeal among consumers.
Already BYD Seal, with 2.196 units sold, secured a solid position, especially considering its electric sedan segment.
O BYD Yuan Plus, with 1.332 units, completed the top 5, proving to be a popular option among new buyers.
Other highlights
The newcomer Volvo EX30 showed rapid growth, with 1.164 units sold, quickly approaching BYD Yuan Plus.
Seventh, the JAC E-JS1 maintained a good margin with 722 units sold, exceeding the Volvo XC40, which registered 574 units.
O Renault Kwid E-Tech, recognized as the most affordable electric vehicle on the market, achieved ninth position with 517 units.
Closing the top 10, the Volvo C40, which had a more robust performance in the past, recorded 410 units sold.
For experts, these numbers not only reflect consumer preferences, but also indicate the future direction of the electric vehicle market in Brazil.
Sales Table – July/24
| Model | Sales – July/24 | Sales – 1st semester |
|---|---|---|
| BYD Dolphin | 1.514 | 9.611 |
| BYD Dolphin Mini | 1.318 | 9.059 |
| GWM Ora 03 | 589 | 3.687 |
| BYD Seal | 283 | 2.196 |
| BYD Yuan Plus | 219 | 1.332 |
| Volvo EX30 | 666 | 1.164 |
| JAC E-JS1 | 42 | 722 |
| Volvo XC40 | 95 | 574 |
| Renault Kwid E-Tech | 99 | 517 |
| Volvo C40 | 74 | 410 |
Future Perspectives for Electric Cars
According to industry experts, The continued growth of electric car sales in Brazil is expected to continue, driven by favorable public policies, tax incentives and growing environmental awareness among consumers.
According to ABVE forecasts, The electrified vehicle market is expected to continue to expand, attracting new models and advanced technologies.
Do you believe that electric cars will dominate the Brazilian market in the coming years? Leave your opinion in the comments!
