BRAZIL FLEXFUEL MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Brazil Flexfuel Market, By Fuel Type (Gasoline, Ethanol, Flex Fuel, Others (CNG, LPG, Diesel)), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Two Wheelers, Others (Three wheelers)), By Technology (Flex Fuel Injection System, Flex Fuel Delivery System, Flex Fuel Electronic Control Unit, Flex Fuel Sensors, Others (Hoses, Gaskets))

Brazil Flexfuel Market-Recent Developments

New product launches

In January 2022, Ford launched its flex-fuel version of the EcoSport model in the Brazilian market to meet the rising demand for ethanol-based vehicles. This strengthened Ford's position in the Brazil flexfuel market.
In September 2021, Fiat launched the flexfuel version of its compact SUV Pulse in Brazil. Fiat Automobiles S.p.A. is an Italian automobile manufacturer, formerly part of Fiat Chrysler Automobiles, and since 2021 .The model is equipped with a 1.3-liter engine that can run on any blend of gasoline and ethanol. This expanded Fiat's flex-fuel offerings in Brazil.

Acquisition and partnerships

In October 2022, Renault is a automobile manufacturer established in 1899. The company produces a range of cars and vans and in the past, has manufactured trucks, tractors, tanks, and vehicles. Renault formed a joint venture with Geely to develop hybrid technologies for fuel-efficient engines, including flex-fuel powertrains. This JV will help Renault expand its flex-fuel offerings. Geely, is a automotive company, headquartered in Hangzhou, Zhejiang.
In December 2021, Mercedes-Benz, is a German luxury and commercial vehicle automotive brand established in 1926. Mercedes-Benz acquired Mercedes-Benz Energy, a provider of innovative energy storage solutions, to develop flex-fuel-compatible energy storage systems.