Brazil EV sales forecast raised to 400k+ units for 2026, pace suggests 450k

ABVE has repeatedly revised up its 2026 Brazil electrified vehicle sales forecast, from 280k to over 400k, with the current pace potentially exceeding 450k. This reflects accelerating consumer adoption and expanding supply, though the final tally depends on year-end demand and economic conditions. The upward revisions signal a faster-than-expected shift in Brazil's auto market, with implications for energy demand and industrial policy.