Why Toyota is against incentives in the Northeast and supports taxing electric vehicles

Why Toyota is against incentives in the Northeast and supports taxing electric vehicles
Why Toyota is against incentives in the Northeast and supports taxing electric vehicles
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The approval of the Tax Reform in the Senate was marked by the dissatisfaction of three of Brazil’s main automakers regarding the renewal of incentives for car production in the Northeast, North and Center-West. Chevrolet, Volkswagen and Toyota made their dissatisfaction with the text public, publishing open letters in several newspapers. The column spoke with Roberto Braun, director of Communications at Toyota do Brasil and president of the Toyota do Brasil Foundation, to better understand the company’s positioning.

According to Braun, every structural reform is seen as progress, a mechanism that contributes to improving the country’s business environment. However, in Toyota’s understanding, that was not exactly what happened on November 8th. When the subject is incentives for car production in the Northeast, the original proposal by the rapporteur, Senator Eduardo Braga, provided for a progressive reduction in incentives and a restriction for new technologies, that is, for the production of electrified vehicles.

“We saw progress in this rapporteur’s proposal, even if it was not in an isonomic way, because it was only in the Northeast, it was a way of following the transition path towards decarbonization. However, when the revised proposal came, the way we know it today , brought a feeling of regression. An incentive for technologies that do not bring about decarbonization and maintains this distortion between those who produce in the Northeast and the rest of the country”, says Braun.


The article is in Portuguese

Tags: Toyota incentives Northeast supports taxing electric vehicles

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