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GM Makes New Investment of R$700 Million (US$386 Million) in Brazil

Green Car Congress

General Motors do Brasil is investing a R$700 million (US$386 million) for the development and production of a new Chevrolet model at the São Caetano do Sul plant, which is located in the state of Sao Paulo. This represents the completion of a GM investment plan of more than R$5 billion (US$2.8

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General Motors makes huge investment in Brazil

Green Cars News

Brazil has become a hot market for automotive giants around the world and now General Motors is poised to make another significant investment in the country. General Motors do Brazil will invest R$700million into the development and production of a new Chevrolet model at the Sao Caetano do Sul plant in Sao Paulo.

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The EV Transition Explained: Converting Gasoline Superusers

Cars That Think

Both recently traded their respective SUVs for electric vehicles (EVs), and happily swore off every buying another internal combustion engine (ICE) powered vehicle. When 10 percent of drivers use a third of all gasoline, one must consider the mainly rural areas where they reside and the pickup trucks and SUVs they likely drive.