This week’s topics: In line with global trends, Brazil’s electric vehicle market is booming. AgTech firms all the rage in Brazil. After years of delays, the country’s 5G auction is imminent.
Electric cars booming in Brazil
Brazil’s electric cars market obliterated previous records in the first four months of 2021, according to data from the Brazilian Electric Vehicle Association (ABVE). Almost 7,300 new vehicles were licensed, a 29.4 percent increase from the same period last year.
Momentum. April was the all-time best month for electric cars in Brazil, with more than 2,000 new units licensed. That is twice as...