Statistics released at the Brazil Eletrocar Show demonstrate that sales of leisure electric vehicles for coastal resorts and rural manors in Latin America surged 74% year-on-year.
Local consumers favor compact 2-seater leisure electric two-wheelers and small sightseeing tricycles with anti-rust and waterproof coating for beach scenarios. The Brazilian government offers a 12% import tariff reduction on low-speed leisure EVs to boost imports. Domestic production capacity in Latin America remains weak, with 90% of leisure vehicles relying on imports. Chinese products capture 65% of Latin America’s import market share thanks to flexible customization and low failure rates.