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99 announces partnership to boost the Brazilian electric vehicle market

Hayden Walsh by Hayden Walsh
April 26, 2022
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99 announces partnership to boost the Brazilian electric vehicle market
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By Beatriz Garcia

SAO PAULO (Reuters) – Passenger transport app 99 announced on Tuesday a partnership with companies in the electric vehicle (EV) sectors to boost the sector in Brazil.

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The coalition called the Alliance for Sustainable Mobility also includes Raízen; moved; Ipiranga, from Ultrapar; United; Zletric, Caoa Cherry; and Tupinambá Energia, and intends to increase sales of electric vehicles, create 10,000 public charging stations by 2025 and have 100% of the app’s electric fleet by 2030.

The program aims to increase the share of electric vehicles among new cars from 2% to 10% of sales. 99 plans to add at least 300 electric cars this year, with a goal of reaching 10,000 by 2025 and 100% of its fleet zero-carbon by 2030.

To make the model viable, the alliance will seek to boost the fleet’s electrification infrastructure, with public charging stations, facilitate rental between app drivers and support automakers and other companies in the chain.

“The adoption of electric cars rose 100% in one year. These cars have less environmental impact, preserve people’s health and also reduce fuel costs by up to 75%, but they are still much more expensive than conventional ones”, said Thiago Hipólito, director of the DriverLAb innovation center, at 99.

(By Beatriz Garcia)

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