Brazil EV Market to Experience Robust Growth with a CAGR of 17%

The Brazilian Electric Vehicle (EV) Market is projected to experience robust growth with a CAGR of 17% from 2022 to 2028. Factors driving this growth include escalating gasoline prices, government commitment to mitigating greenhouse gas emissions, and advancements in battery technology and charging infrastructure. The South region of Brazil is a significant market contributor due to its population density and robust charging network.