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Brazil receives 30 different proposals on EV charging infrastructure
Brazil's electric vehicle (EV) charging infrastructure is being boosted with 30 different proposals from the Efficient Electric Mobility Solutions programme, reports Germany-based electric mobility portal Electrive. The programme has been designed by Brazilian Electricity Regulatory Agency called Aneel. Its total budget is BRL464 million (USD110.9 million), of which BRL392 million is sourced from the regulator's research and development (R&D) programme, and energy companies are providing the remaining BRL72 million. The other companies taking initiatives for developing the EV infrastructure are Volvo, BMW, EDP, Volkswagen (VW), Audi, Porsche, Siemens, ABB and Electric Mobility Brazil from São Paulo. Volvo Cars has started installing 250 EV charging stations, which are compatible with any car complying with European charging standards. Volvo is co-operating with shopping centre chain Iguatemi and supermarket chain Pao de Acucar. BMW is co-operating with station network Ipiranga, and aims to install 180 EV charging points. São Paulo-based energy company CPFL is also installing chargers along a 750-km route between Paranagua and Foz do Iguacu in Brazil.
Significance: In São Paulo, Volvo Cars aims to build recharging points at an average distance of 9.7 km from one another. As of November 2019, Volvo Cars aims to reach 500 recharging points. Other players such as Energias of Brazil SA (EDP), a Brazilian electric utility company, have announced the setting up of 30 fast-charging stations for EVs in Brazil in partnership with VW, Audi, Porsche, Siemens, ABB, and Electric Mobility. Brazil's upper house of parliament is also considering banning the sale of ICE vehicles from 2060. The country is also developing the Brazilian National Biofuels Policy (Renovabio) programme to expand the biofuels industry. Following their use in EVs and PHEVs, alternative uses for batteries will be needed for environmental reasons.
This article was published by S&P Global Mobility and not by S&P Global Ratings, which is a separately managed division of S&P Global.
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