
Brazil: electric vehicle revenue forecast by propulsion type 2016-2029
Battery electric vehicle revenue in Brazil is expected to reach 2.3 billion U.S. dollars in 2029, up from just over 1.3 billion U.S. dollars in 2023. In contrast, plug-in hybrid electric vehicle revenue is forecast to have a faster growth, reaching 4.6 billion U.S. dollars in 2029.