On 27 June 2024, the Federal Government enacted Law 14,902, establishing the Green Mobility and Innovation Program, known as Mover (which means ‘move’ in English). This law aims to boost investment in sustainable technologies and reduce carbon emissions in Brazil’s automotive industry.

Developed by the Ministry of Development, Industry, Commerce, and Services (MDIC), in partnership with the Ministry of Finance and the Ministry of Science, Technology, and Innovation (MCTI), the program promotes energy efficiency and decarbonization in the national automotive sector. Key measures include new technological routes, stricter decarbonization standards for passenger cars, buses, and trucks, and the introduction of the Green IPI, a tax system favoring low-emission vehicles with a reduced tax burden.

A notable addition by Congress was the taxation of imported goods valued at up to $50. This measure addresses companies exploiting a tax exemption meant for individual shipments.

After negotiations with the government, the new law set a 20% import tax on goods up to $50 to enhance domestic product competitiveness. For goods priced between $50 and $3,000, the tax is 60%, with a $20 deduction on the total tax.

The Mover Program offers financial credits ranging from 50% to 320% of Research and Development (R&D) expenditures, which can be used to offset federal taxes.

Since its launch late last year, the sector has seen R$130 billion in announced investments. So far, 89 companies from nine Brazilian states have qualified to participate in the program.