Partner Article
Brazilian alcohol-fuelled cars pass two million mark
Vehicles that are designed to run on alcohol have passed the two million mark in Brazil, new figures have shown. “Flex-fuel” vehicles that have been developed to run on a combination of petrol and ethanol derived from sugar-cane, now make up around 77% of the Brazilian market, the Brazilian motor manufacturers’ association, Anfavea said.
Ethanol-driven cars have been available in the South American country for the past 25 years, but new figures show reveal a recent renaissance in the cars’ popularity, with vehicle sales growing from 48,200 in 2003 to over two million in 2006.
Other reasons for a resurge have been attributed to tax benefits for the owners – “flex-fuel” vehicles currently have a purchase tax of 14% compared to the 16% levied on other types of vehicles.
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Is construction critical to Government growth plan?
Manufacturing needs context, not more software
Harnessing AI and delivering social value
Unlocking the North East’s collective potential
How specialist support can help your scale-up journey
The changing shape of the rental landscape
Developing local talent for a thriving Teesside
Engineering a future-ready talent pipeline
AI matters, but people matter more
How Merseyside firms can navigate US tariff shift
The importance of human insight in an AI world
Building a future that benefits everyone