Brazilian Government Launches 'Move Brasil,' Backing Delivery Workers' Bike Purchases With Low-Interest Loans
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On June 12, Brazil's government announced "Move Brasil – Entregadores e Motoapp," a financing program for delivery workers and app-based drivers. It supports the purchase of domestically assembled or manufactured electric bicycles, scooters, and electric/flex-fuel motorcycles, with a target of financing about 100,000 units. It offers a two-month grace period and repayment terms of up to 48 installments.




