Integration of the Automotive Chain in the Process of Transition from Fossil Fuel to Electrification in Brazil

Abstract

The automotive industry is advancing with global innovations in vehicle electrification and hybridization as an adaptive response to ongoing environmental issues. Automotive automakers show concerns about these global megatrends that should impact the sector and are emphatic, especially regarding the rapid growth of solutions and business proposals that involve changing consumer behavior, especially regarding the aspect of product sustainability, as well as the new concept of vehicle use, instead of buying this. The planet does not have the capacity to withstand current patterns of consumption and, consequently, production. Aligned with this need, the work establishes corporate governance guidelines necessary for the transition from fossil fuel to electrification within the automotive chain. This paper aims to analyze the impact of the sustainable automotive chain against the perspective of electromobility in the most consolidated automotive markets, as well as in the incipient Brazilian market.