BRAZIL EV COMPONENTS MARKET

INTRODUCTION

In Brazil, there is still a rather small market for electric cars. In order to increase the number of EVs on the road over ICE vehicles, Brazil has been in the forefront of developing rules. Brazil is anticipated to become Latin America's largest EV market over the long run.

BRAZIL EV COMPONENTS MARKET SIZE AND FORECAST

The Brazil EV Components Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

BRAZIL EV COMPONENTS MARKET DYNAMICS

As worldwide expansion accelerates, Great Wall Motor charges into Brazil. For Chinese automakers to diversify their markets and get access to resources, Latin America is essential. 

GWM unveiled its core market strategy for Brazil; over the next ten years, it plans to invest in advancing the design of the local industrial chain, establishing regional centres for science and technology, emphasising electrification and intelligence, and aiming to become a dominant brand of alternative fuel vehicles in the Brazilian market.

This year, Geely, another significant Chinese automaker, also intends to enter the Brazilian market.

In Brazil, Volkswagen Caminhoes e Omnibus (VWCO) started mass producing its first electric truck. In the Brazilian city of Resende, the South American company produces the e-Delivery distribution van. The vehicle is designed to transport metropolitan distribution.

Batteries are delivered to the e-Delivery by CATL through the Brazilian importer Moura. "Cell-to-pack" technology is used by the batteries. So far, the batteries have been assembled by first installing the cells in modules, then combining the modules to create the full battery packs.

With the new technology – and some components with it – the intermediary stage of the modules is to be avoided.Battery partner Moura has a presence at the Resende plant in order to keep the supply channels short.

BRAZIL EV COMPONENTS MARKET COMPANY PROFILES

• Quantum Motors
• Foxconn
• General Motors
• Toyota Motor Corp
• Mercedes-Benz
• Ford Motor Company
• Brookville Equipment Corporation

THIS BRAZIL EV COMPONENTS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many EV Components are manufactured per annum in Brazil? Who are the sub-component suppliers in this region?
2. Cost breakup of a Brazil EV Components and key vendor selection criteria
3. Where are the EV Components manufactured? What is the average margin per unit?
4. Market share of Brazil EV Components market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Brazil EV Components in-house
6. key predictions for next 5 years in Brazil EV Components market
7. Average B-2-B EV Components market price in all segments
8. Latest trends in EV Components market, by every market segment
9. The market size (both volume and value) of the EV Components market in 2024-2030 and every year in between?
10. Production breakup of EV Components market, by suppliers and their OEM relationship