Geely EX2 Brazil Prices Cut 7% as EV Tariffs Push Localization
Geely EX2’s Brazil fleet program sets a starting price of 115,134 reais, 7% below the 123,800-real retail starting point, with financing up to 36 months. Geely logged over 25,000 sales in its first 12 months. Brazil’s import duty for fully built electric cars has reached the planned ceiling, pushing localization to offset tariff and logistics costs without cutting EX2 volume.