At least seven BRICS+ countries are directing electric vehicle (EV) support towards two and three-wheelers and public transport, helping reduce oil dependence and improve access to affordable mobility.
New analysis by the International Institute for Sustainable Development (IISD) found that Brazil, China, Ethiopia, India, Indonesia, Malaysia and Thailand are using policies to encourage electrification beyond private cars. The study says this can deliver greater benefits for lower-income households.
Around 84% of the BRICS+ population lives in net oil-importing economies, leaving households and governments exposed to volatile global oil prices. Road transport accounts for almost half of global oil demand.
India sold more than 21 million two-wheelers in 2025/26 which is five times passenger car sales, while electric two-wheelers reached 11% of sales by July 2026.
China operated more than 544,000 new-energy buses by the end of 2024, while Brazil has allocated $1.7 billion to finance electric buses across 61 cities.
The analysis highlights predictable policies, affordable finance and reliable charging as crucial to successful EV adoption.
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