1、SO PAULO,AUGUST 2023Survey on the electrification process of Brazilian automotive supply baseUma parceria do:1Copyright 2023 by Boston Consulting Group.All rights reserved.Document objectivesThe objective of this document is to present the consolidated results of the survey on the automotive supply

2、chain electrification process in Brazil conducted in partnership with ANFAVEA and Sindipeas during the 2ndquarter of 2023This document outlines the profiles of respondents,the applied methodology,consolidated results,and potential implications for suppliers The target audience consists of players at

3、 the various stages of the automotive chainResearch on the Brazilian automotive supply chain2Copyright 2023 by Boston Consulting Group.All rights reserved.IntroductionSurvey on the Brazilian automotive supply baseElectric vehicles will gain more prominence in the global automotive market in the next

4、 decade.Large automotive markets such as the US,Europe,and China are advancing towards electric vehicles while the value chain is getting prepared to attend this growing demand.In Brazil,how do suppliers see the challenge of decarbonization and the electrification process?What are the prospects and

5、implications?What are the biggest challenges and opportunities?A significant share of respondents said that they are adapting their product portfolios to follow new technological trends.The transition to hybrid vehicles in the upcoming years can be seen as an intermediate stage for suppliers in thei

6、r electrification process(and in the development of new capabilities).The survey demonstrates that a large portion of automotive suppliers are confident about the hybrid vehicles advancement in the next 5-10 years and are preparing to attend this demand.Demand visibility,local industry competitivene