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Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil

Green Car Congress

By 2027, the company plans to grow by 40% in Brazil, the region’s largest market. Before the end of 2023, the company is bringing its first fully electric models to Brazil: the Volkswagen ID.4. 4 are coming to Brazil As a fast-growing car market, South America is of strategic importance to Volkswagen. and the ID. Buzz and ID.4

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Octillion becomes official battery supplier for FNM electric trucks in Brazil

Green Car Congress

Li-ion battery provider Octillion Power Systems is working with the reborn FNM (now Fábrica Nacional de Mobilidades) in Brazil to produce battery-electric trucks; FNM has selected Octillion as the official battery supplier for the coming lineup. FNM was founded in 1942 and was the first truck manufacturer in Brazil.

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Acelen to invest $2.44 billion over 10 years to produce renewable diesel and SAF in Brazil

Green Car Congress

Inaugurated in 1950, RLAM was the first refinery in Brazil. It is currently the second-largest in Brazil, with the highest installed capacity for production of gasoline, diesel and other oil derivatives in the country’s North and Northeast.

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BYD Launches Shark in Brazil & Song Pro in Paraguay

CleanTechnica EVs

continued] The post BYD Launches Shark in Brazil & Song Pro in Paraguay appeared first on CleanTechnica. It is quickly rising up the ranks when it comes to global auto sales, and I’m more convinced each day it will rise to #1. Tesla looks like a turtle these days compared to the fast-swimming.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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The Absurd “Sin Tax” on Electric Vehicles in Brazil

CleanTechnica EVs

In an unexpected move, Brazil has recently proposed a “sin tax” on electric vehicles. continued] The post The Absurd “Sin Tax” on Electric Vehicles in Brazil appeared first on CleanTechnica. [continued] The post The Absurd “Sin Tax” on Electric Vehicles in Brazil appeared first on CleanTechnica.

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SpaceX President tells Brazil to ‘stop harassing Starlink’

Teslarati

SpaceX President Gwynne Shotwell asked Brazil to stop its harassment of the company’s high-speed internet service known as Starlink after the country froze its financial accounts and threatened to end its ability to be an ISP. The post SpaceX President tells Brazil to ‘stop harassing Starlink’ appeared first on TESLARATI.

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