Brazilian start - up , Alta Solar Motors , is developing a new electric car that is being developed specifically for the Brazilian market , and should launch by the end of this year . The current model based on fossil fuels is no longer compatible with the needs of the public or the planet, and at present it’s also less interesting to investors.” The entrepreneurs behind the project are said to be crowdfunding the launch and have stated that they believe the market for renewable energy will be one of the most promising in Brazil in recent decades , hence the need for a “ 100 % national ” car .
Brazilian start - up , Alta Solar Motors , is developing a new electric car that is being developed specifically for the Brazilian market , and should launch by the end of this year . The entrepreneurs behind the project are said to be crowdfunding the launch and have stated that they believe the market for renewable energy will be one of the most promising in Brazil in recent decades , hence the need for a “ 100 % national ” car .