Approved ROTA 2030 Amendment Enabling Incentives for Flex Hybrid Vehicles and Ethanol Powered Fuel Cells

Approved ROTA 2030 Amendment Enabling Incentives for Flex Hybrid Vehicles and Ethanol Powered Fuel Cells

Chamber Articles Category: Energy Post Date: 11/08/18 Source: Datagro By: Datagro
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Federal Deputy Arnaldo Jardim presented on November 6th, yesterday, amendment to Provisional Measure No. 843, which deals with tax incentives to the automotive industry to improve the energy and environmental performance of vehicles manufactured and imported in Brazil, also known as ROTA 2030. Deputy Arnaldo Jardim is president of the Parliamentary Front for the Defense of the Sugarcane Sector.

The amendment presented by Arnaldo Jardim extends the tax incentives defined in the government proposal for electric vehicles (equipped with batteries) also for ethanol-powered electric vehicles in the form of flex hybrids and for vehicles equipped with fuel cells capable of using ethanol. Read Full Article