Tag: imports

Brazil is embracing EVs, overtaking Belgium as a top importer of Chinese EV models

EV market in Brazil will grow from US$661.3 million in 2024 to US$1,236.0 million by 2028. China exported 40,163 new energy vehicles to Brazil in April 2024, marking a 13-fold year-on-year increase. Chinese automakers, including BYD...