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BYD partners with local bank to provide auto financing in Brazil

CN EV Post

BYD, which officially entered the Brazilian passenger car market last December, expects to have a presence in 45 cities in the country by the end of this year. The post BYD partners with local bank to provide auto financing in Brazil appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Toyota bets big on hybrids in Brazil with $2.2 billion plan

Baua Electric

REUTERS/Aly Song/File Photo (REUTERS) Japanese auto giant Toyota plans to invest 11 billion reais ($2.2 billion) in beefing up production of hybrid vehicles in Brazil through 2030. REUTERS/Aly Song/File Photo (REUTERS) Japanese auto giant Toyota plans to invest 11 billion reais ($2.2

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Volkswagen Virtus Convertible unveiled in Brazil as a one-off model

Baua Electric

Read more The one-off Volkswagen Virtus Convertible was built to mark Brazilian President Luiz Inacio Lula da Silva’s visit to the Sao Bernardo do Campo (SP) manufacturing facility The Volkswagen Virtus Cabrio has been revealed in Brazil as a special one-off project by Volkswagen Brazil.

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China automaker JAC sends first batch of ethanol-powered cars to Brazil

Green Car Congress

(JAC) shipped 500 ethanol-powered cars to Brazil at the end of December, the first batch resulting from a deal signed in August with Brazilian dealer SHC to export 620,000 units to Brazil over the next ten years. JAC will send 1,500 more units this month, and 2,500 cars in February.

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BYD sold over 360,000 Seagull EV models in under a year as its cheapest electric car

Baua Electric

After selling nearly 35,000 Seagull models in March, cumulative sales of BYD’s cheapest electric car topped 360,000. BYD sells over 360,000 units of its cheapest electric car BYD launched the Seagull on April 26, 2023. It was initially available in three trims, starting at $10,200 (RMB 73,800), its cheapest electric car.

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Automakers in Brazil Hit 10M Flex-Fuel Vehicle Mark; Brazilian Sugarcane Association Urges Global Dissemination

Green Car Congress

Brazil’s 10-millionth flex-fuel vehicle was built on 4 March, according to the country’s National Association of Vehicle Manufacturers (Anfavea). The next step is to take this technically proven and highly successful project to the rest of the world, since all major automakers in Brazil have a global presence.

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VW’s PowerCo, Stellantis, Glencore again $1B nickel, copper SPAC do business in in Brazil

Baua Electric

LONDON — World miner Glencore, Stellantis and Volkswagen Crew’s battery unit PowerCo have yes to again a $1 billion do business in by means of blank-cheque treasure ACG Acquisition Corporate to shop for two mines in Brazil, ACG stated.

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