Chinese EV exports to Brazil surge 13-fold, making Brazil China's largest export market for electric vehicles.

Brazil surpasses Belgium as the largest export market for Chinese electric vehicles (EVs) and hybrids, with exports to Brazil increasing 13-fold year-on-year to 40,163 units in April, according to China Passenger Car Association (CPCA). The increase comes ahead of Brazil's tariff rise on EV and hybrid vehicle imports in July. This growth has prompted several Chinese automakers to invest in local production in Brazil.

May 27, 2024
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