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Toyota, Volkswagen, and Stellantis like flex-fuel ethanol cars over EVs in Brazil.

Politicians, Big Ag, and major automakers like Toyota and Volkswagen are all conspiring in Brazil to maintain ethanol’s lead at the expense of EVs. Brazil’s flexible-fuel cars, which can run on a mix of ethanol and gasoline, have long been the most popular vehicles on the market, but these “sugar-cane cars” are threatening the adoption of fully-electric cars in the South American country, as Bloomberg reports. And despite the popularity of flex-fuel ethanol cars, it&#...

Toyota, Volkswagen, and Stellantis like flex-fuel ethanol cars over EVs in Brazil.

(Bloomberg) -- For two decades, Brazil’s unique solution to curb tailpipe emissions — specialty cars powered by any mix of gasoline and ethanol — helped it boast a fraction of the roadway pollution of other countries its size. Now, it threatens to hold it back.Most Read from BloombergA $500 Billion Corporate-Debt Storm Builds Over Global EconomyApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIIn London, New York and Paris, a Giant Office Bet...