Phillipe Linza's questions to IOCJY leadership • Q4 2023
Question
Inquired about the impact of Brazil's 'Mover' program and the growing electric vehicle market, including new taxes and competitors, and whether the outlook for the sector is optimistic.
Answer
The executive expressed a positive long-term view for Brazil, citing significant planned investments in the auto sector. He confirmed that electric vehicles are a global reality where the company's products remain essential. He believes Brazil will have an organized, gradual transition to EVs, resulting in a healthy mix of electric and flex-fuel vehicles, which is a positive scenario for the company.