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Hybrid & Electric Cars in Brazil

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    Report

  • 46 Pages
  • June 2025
  • Region: Brazil
  • MarketLine
  • ID: 5992506
Hybrid & Electric Cars in Brazil industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Hybrid & electric cars market includes the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles. Market value is calculated at the retail selling price (RSP) and the market volume is given in terms of units sold.
  • The Brazilian hybrid & electric cars market recorded revenues of $2.71 billion in 2024, representing a compound annual growth rate (CAGR) of 66.9% between 2019 and 2024.
  • Market consumption volume increased with a CAGR of 69.7% between 2019 and 2024, reaching a total of 156,863.0 units in 2024.
  • The growth of the hybrid & electric cars market in Brazil in 2024 was driven by high fuel prices, advancements in battery technologies, and supportive federal investments. According to the National Agency of Petroleum, Natural Gas and Biofuels (ANP), gasoline prices in São Paulo increased by 8.3% in August 2024 compared to August 2023, influenced by rising crude oil costs, biofuel M&Ates, and regional tax policies.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hybrid & electric cars market in Brazil
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in Brazil
  • Leading company profiles reveal details of key hybrid & electric cars market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Brazil hybrid & electric cars market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Brazil hybrid & electric cars market by value in 2024?
  • What will be the size of the Brazil hybrid & electric cars market in 2029?
  • What factors are affecting the strength of competition in the Brazil hybrid & electric cars market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Brazil's hybrid & electric cars market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the most recent market developments?
8 Company Profiles
8.1. Toyota Motor Corp
8.2. General Motors Co
8.3. Bayerische Motoren Werke AG
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Brazil hybrid & electric cars market value: $ million, 2019-24
Table 2: Brazil hybrid & electric cars market volume: Units, 2019-24
Table 3: Brazil hybrid & electric cars market category segmentation: % share, by value, 2019-24
Table 4: Brazil hybrid & electric cars market category segmentation: $ million, 2019-24
Table 5: Brazil hybrid & electric cars market geography segmentation: $ million, 2024
Table 6: Brazil hybrid & electric cars market value forecast: $ million, 2024-29
Table 7: Brazil hybrid & electric cars market volume forecast: Units, 2024-29
Table 8: Toyota Motor Corp: Key Facts
Table 9: Toyota Motor Corp: Annual Financial Ratios
Table 10: Toyota Motor Corp: Key Employees
Table 11: Toyota Motor Corp: Key Employees Continued
Table 12: General Motors Co: Key Facts
Table 13: General Motors Co: Annual Financial Ratios
Table 14: General Motors Co: Key Employees
Table 15: General Motors Co: Key Employees Continued
Table 16: Bayerische Motoren Werke AG: Key Facts
Table 17: Bayerische Motoren Werke AG: Annual Financial Ratios
Table 18: Bayerische Motoren Werke AG: Key Employees
Table 19: Bayerische Motoren Werke AG: Key Employees Continued
Table 20: Brazil Size of Population (Million), 2020-24
Table 21: Brazil Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 22: Brazil GDP (Current Prices, $ Billion), 2020-24
Table 23: Brazil Inflation, 2020-24
Table 24: Brazil Consumer Price Index (Absolute), 2020-24
Table 25: Brazil Exchange Rate, 2019-24
List of Figures
Figure 1: Brazil hybrid & electric cars market value: $ million, 2019-24
Figure 2: Brazil hybrid & electric cars market volume: Units, 2019-24
Figure 3: Brazil hybrid & electric cars market category segmentation: $ million, 2019-24
Figure 4: Brazil hybrid & electric cars market geography segmentation: % share, by value, 2024
Figure 5: Brazil hybrid & electric cars market value forecast: $ million, 2024-29
Figure 6: Brazil hybrid & electric cars market volume forecast: Units, 2024-29
Figure 7: Forces driving competition in the hybrid & electric cars market in Brazil, 2024
Figure 8: Drivers of buyer power in the hybrid & electric cars market in Brazil, 2024
Figure 9: Drivers of supplier power in the hybrid & electric cars market in Brazil, 2024
Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Brazil, 2024
Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in Brazil, 2024
Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in Brazil, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Toyota Motor Corp
  • General Motors Co
  • Bayerische Motoren Werke AG