Brazil to Mandate Vehicle Manufacturers to Invest 1.8% of Revenue in R&D

Brazil’s government will mandate a 1.8% revenue investment in research and development (R&D) by vehicle manufacturers within the National Green Mobility and Innovation Program (MOVER) starting 2029. This measure supports making the country’s vehicle fleet greener through tax benefits. This policy was unveiled on Tuesday, and key figures, such as President Luiz Inácio Lula da […]

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