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04 Jul
14:13

Brazil’s carmakers seek electric, hybrid vehicle import restrictions

The Brazilian automotive sector is asking the country’s government to protect the industry by applying new taxes on imported electric and hybrid vehicles, Kallanish notes. Local automotive association Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea) points out that without action, the BRL 130 billion ($23.3 billion) in investments announced by automakers in new technologies and equipment are at risk. This could …
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