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

Green Car Congress

The company is expected to start production in the first quarter of 2026. billion) in the economy, contribute to the generation of 90,000 direct and indirect jobs and reduce CO 2 emissions by up to 80% with the replacement of fossil fuel, which will make the company one of the largest producers of renewable fuels in the world.

Brazil 296
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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.

Brazil 476
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ArcelorMittal Tubarão, Brazil first ResponsibleSteel steelmaking site in Latin America

Green Car Congress

The company manufactures flat steel products—primarily hot-rolled plates and coils—for both domestic and international markets. The initiative involves more than 40 members and associates, consisting of steel chain companies and civil society organizations around the world. ArcelorMittal Tubarão.

Brazil 259
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Chinese automakers sweep Western brands out of global markets

Baua Electric

Markets in Asia, South America and Africa may be small compared to North America and Europe, but taken together they add up. Michael Dunne knows as much about China’s auto market and automakers as just about anyone out there. In Thailand, Japanese brands have dominated for decades, with a market share around 90%.

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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

Green Car Congress

South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.

Supplies 259
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BYD prepares to unleash its second 7,000-car carrier to fuel its global EV expansion

Baua Electric

A second car carrier is ready to embark as BYD looks to continue its dominant global expansion. BYD’s new vessel is the second of seven that will hit the seas over the next two years as China’s EV leader goes global. The 7,000-vehicle vessel, “BYD Hefei,” is the second car carrier the company has revealed.

BYD 52
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Ford unveils global small car concept in Brazil; targeting sub-B compact segment in developing markets

Green Car Congress

Ford unveiled the Ka Concept in conjunction with the opening ceremony of Ford’s Northeast Industrial Complex in Camaçari, Brazil. The Ka Concept strategically positions the company to address global demand for sub-B compact vehicles, a segment that is projected to increase to approximately 6.2 Ford Ka Concept. Click to enlarge.

Brazil 231