The Law nº13.755 aimed at promoting the strengthening of the automotive sector in Brazil, was sanctioned in December 2018 and became known as “Rota 2030”.
The program presents itself as an alternative to the extinct “Inovar Auto” program, which provided a significant reduction in the IPI tax on vehicle sales. “Rota 2030” follows a similar strategic line to “Inovar Auto”, however, the main scope is to encourage R&D projects throughout the entire automotive chain.
Thus, the program was extended to the sectors of auto parts and strategic systems for production of vehicles, not restricted to automotive manufacturers.
The program aims to support technological development, competitiveness, innovation, vehicle safety, environmental protection, energy efficiency and the quality of cars, trucks, buses, chassis with engines and auto parts.
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