Brazil to Add Zero-Duty Import Quotas for Disassembled EVs from July 1
Brazil will introduce additional zero-duty import quotas for disassembled and semi-assembled electric vehicles starting July 1, offering limited relief to automakers facing higher import barriers.
Brazil is set to introduce new zero-duty import quotas for disassembled and semi-assembled electric vehicles (EVs), effective July 1. The measure is aimed at providing limited relief to automakers who are currently grappling with higher import barriers.
The quotas apply specifically to EVs that arrive in a knocked-down or partially assembled state, which may help manufacturers manage costs amid restrictive trade policies. While the move eases some pressure, analysts note that the relief is constrained by the quota limits and the broader tariff environment.
Source: First Squawk