Brazil surpasses Belgium as top export market for Chinese EV

Exports of pure electric and plug-in hybrid cars to Brazil soared 13-fold year-on-year to 40,163 units in April, making it the biggest export market for a second straight month, according to data from the China Passenger Car Association (CPCA).

The steep increase in exports to Brazil, which was the 10th largest export market in January, comes ahead of a further increase in tariffs on EVs and hybrid vehicle imports from July as the South American country seeks to encourage local auto production.