Global Trade Alert
Global Trade Alert

Brazil: Finep provides BRL 164.1 million in Volare Veículos for electric bus production

Announcement

09 Jun 2025

On 9 June 2025, the Brazilian Company of Innovation and Research (FINEP in Portuguese) announced a financial support of BRL 164.1 million (approx. USD 29 million) in Volare Veículos to support the development of a process for producing national electric buses.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 Jun 2025

Revocation date:

No revocation date

Updated: 19 Jun 2025
State loan In force

On 9 June 2025, the Brazilian Company of Innovation and Research (FINEP in Portuguese) provided BRL 164.1 million (approx. USD 29 million) in reimbursable financing support to Volare Veículos, a co...

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