Chinese EV Makers Target Huge Brazil Auto Market

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that Chinese EV manufacturers are aggressively expanding into Brazil, South America’s largest auto market. Blocked by tariffs in the U.S. and EU, they’ve turned to Brazil with a flood of affordable EVs. The surge in imports has alarmed traditional automakers and prompted the Brazilian government to increase import duties. Now, attention turns to whether China’s automakers will respond by setting up local factories to bypass tariffs.