The Brazil electric vehicle charging station market size reached USD 360.85 Million in 2024. The market is projected to reach USD 3,632.50 Million by 2033, exhibiting a growth rate (CAGR) of 29.25% during 2025-2033. The market is driven by comprehensive government incentive programs, including the MOVER initiative providing substantial tax credits and R&D support, strategic public-private partnerships deploying extensive charging networks across major urban centers, and significant domestic manufacturing investments by global automakers to circumvent escalating import tariffs while meeting growing consumer demand. Additionally, these initiatives are collectively expanding the Brazil electric vehicle charging station market share.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 360.85 Million |
Market Forecast in 2033 | USD 3,632.50 Million |
Market Growth Rate 2025-2033 | 29.25% |
Government Policy Support and Tax Incentives Accelerating EV Adoption
The Brazilian government has implemented transformative policy frameworks to accelerate electric vehicle adoption and support infrastructure development, fundamentally reshaping the country's automotive landscape toward sustainable mobility. In June 2024, the Brazilian government officially enacted Law No. 14.902, establishing the Green Mobility and Innovation Program (MOVER), which replaces the previous Rota 2030 initiative. This comprehensive policy framework allocates approximately BRL 19.3 billion (USD 4.8 billion) in research and development-linked tax credits through 2028, implements an emission-based bonus-malus tax structure using the Industrialized Products Tax, and mandates recycled content requirements alongside lifecycle carbon measurements for automotive manufacturers. The MOVER program creates powerful economic incentives for manufacturers to develop and produce low-emission vehicles domestically while simultaneously supporting the deployment of charging infrastructure necessary for widespread electric vehicle adoption. These government initiatives extend beyond federal policy, with state-level governments in São Paulo, Minas Gerais, and other regions introducing complementary tax incentives, including reduced vehicle registration taxes and property tax exemptions for charging station installations. The program has already catalyzed over USD 26 billion in announced investments from major global and Chinese automakers, fundamentally transforming Brazil's automotive sector toward electrification and sustainability. This comprehensive policy environment demonstrates Brazil's commitment to achieving its net-zero emissions target by 2050 while positioning the country as a regional leader in electric mobility and sustainable transportation solutions.
Strategic Infrastructure Partnerships Expanding Charging Networks
The expansion of electric vehicle (EV) charging infrastructure is a key enabler of Brazil’s transition to electric mobility, tackling the primary barrier to EV adoption while creating sustainable business models for operators. In February 2024, Raízen Power (a joint venture between Shell and Cosan) and BYD announced a collaboration to establish 600 DC charging stations in eight major cities, including São Paulo, Rio de Janeiro, and Brasília. Branded as Shell Recharge, these stations will be powered entirely by renewable energy, adding 18 megawatts of capacity. In March 2024, ABB partnered with the Graal Group to install over 40 fast chargers across five key states, creating an electric highway connecting Brazil’s metropolitan areas and industrial zones. These partnerships combine the strengths of energy operators, automakers, and tech providers to overcome the capital and operational challenges of large-scale infrastructure deployment. With projections indicating the need for 150,000 charging stations by 2035, these efforts are setting the stage for significant growth in Brazil's EV charging market. These strategic partnerships are establishing the foundational infrastructure necessary to support the Brazil electric vehicle charging station market growth while addressing consumer concerns about range anxiety and charging accessibility that have historically impeded electric vehicle adoption.
Domestic Manufacturing Investments to Circumvent Import Tariffs
Chinese and global automakers are investing heavily in Brazilian production facilities to navigate rising import tariffs and capture a share of South America's fast-growing electric vehicle market. The Brazilian government’s decision to gradually increase import duties on electric vehicles, from zero percent in 2023 to 35 percent by 2026, has shifted the competitive landscape for international manufacturers. In November 2024, Great Wall Motor announced its Iracemápolis factory in São Paulo, set to begin production in mid-2025. This marks Brazil’s first dedicated new energy vehicle plant, with a USD 2 billion investment through 2032. Similarly, BYD is building a USD 600 million industrial complex in Bahia state, with an initial capacity of 150,000 vehicles annually. These investments not only focus on vehicle production but also on local supply chains, battery materials, and research and development (R&D) for technologies tailored to Brazil, such as flex-hybrid engines. Alongside, automakers are expanding charging infrastructure to enhance consumer convenience. This surge in manufacturing investments positions Brazil as a key regional EV production hub.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on charging station type, vehicle type, installation type, charging level, connector type, and application.
Charging Station Type Insights:
The report has provided a detailed breakup and analysis of the market based on the charging station type. This includes AC charging, DC charging, and inductive charging.
Vehicle Type Insights:
A detailed breakup and analysis of the market based on the vehicle type have also been provided in the report. This includes battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV), and hybrid electric vehicle (HEV).
Installation Type Insights:
The report has provided a detailed breakup and analysis of the market based on the installation type. This includes portable charger and fixed charger.
Charging Level Insights:
A detailed breakup and analysis of the market based on the charging level have also been provided in the report. This includes level 1, level 2, and level 3.
Connector Type Insights:
The report has provided a detailed breakup and analysis of the market based on the connector type. This includes combined charging system (CCS), CHAdeMO, normal charging, Tesla supercharger, Type-2 (IEC 621196), and others.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes residential and commercial.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Southeast, South, Northeast, North, and Central-West.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Charging Station Types Covered | AC Charging, DC Charging, Inductive Charging |
Vehicle Types Covered | Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV), Hybrid Electric Vehicle (HEV) |
Installation Types Covered | Portable Charger, Fixed Charger |
Charging Levels Covered | Level 1, Level 2, Level 3 |
Connector Types Covered | Combines Charging Station (CCS), CHAdeMO, Normal Charging, Tesla Supercharger, Type-2 (IEC 621196), Others |
Applications Covered | Residential, Commercial |
Regions Covered | Southeast, South, Northeast, North, Central-West |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: