The Provisional Measure nº 843/2018 signed on 5 July 2018 institutes the program Rota 2030 - Mobility & Logistics, the new Brazilian automotive industrial policy for the next 15 years, bringing higher predictability and legal security for investments. The new program replaces Inovar Auto, which expired in December 2017.
Rota 2030 was expected to be announced before the end of Inovar Auto as a regular replacement program, but political and economic turmoil delayed the negotiations and postponed the announcement.
The new program still needs approval from Congress as the deadline is 16 November 2018-120 days after the Provisional Measure signature. The process will conflict with the presidential election, creating a huge uncertainty in the industry.
Our initial thoughts
Rota 2030 aims to improve the technological content of vehicles commercialized in the Brazilian market and encourage investments in research and development (R&D) with fiscal incentives. The program is based on three main objectives: fuel efficiency, safety, and R&D investments. Rota 2030 establishes mandatory requirements for vehicle commercialization in Brazil:
- Adhesion to Vehicle Labeling Program (PBEV)
- Commitment to achieve minimum level of energy efficiency
- Commitment to achieve minimum level of structural performance and driver assistance technologies
Fill out the form to download the full whitepaper.