AI Summary

Brazil's electric vehicle market has experienced significant growth, with sales increasing by 153% in May. This surge has pushed the country's electric vehicle market share to 13.5%. The growth is attributed to the introduction of new, more competitive models in the country. This trend of sudden bursts of growth, followed by periods of stagnation, has been observed in Brazil's electric vehicle market in the past. The development underscores Brazil's position as Latin America's largest electric vehicle market, a title it has consistently held.

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