President Lula signed the Move Brasil law on September 14, putting the fleet-renewal program into effect with subsidized financing for ride-hailing and taxi drivers as well as app-based couriers. In a bid to widen participation after a rocky rollout, the minimum stretch an app driver must have spent on a single platform has been halved from 12 months to six, though candidates still need to show at least 100 trips over that period. People previously rejected under the older criteria can reapply, and the government pledges a verdict within ten days of registration on gov.br.
Congress broadened the scope while passing the law, which merged two provisional measures issued in May and June. Funding can now stretch to light vehicles used for school and cargo transport, and the program will also finance vehicle adaptations for drivers with disabilities. Financing terms are unchanged: 12.6% annual interest for men and 11.5% for women, repayment in up to 84 installments and a grace period of up to six months before principal payments begin.
Eligible purchases are new ethanol, flex-fuel, electric and hybrid models with an invoice price of up to R$ 200,000, and the approved list gives plenty of room to Chinese brands — BYD's Dolphin and Song Pro, GAC's Aion line, GWM's Ora 03 and Geely's EX2 and EX5 all make the cut alongside Chevrolet, Hyundai, Honda, Nissan and Renault products. Applicants register at gov.br/movebrasil, but final sign-off rests with each bank's credit analysis.