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

Green Car Congress

The Volkswagen brand aims to make significant gains in South America with a major product offensive. In total, the South American automotive market is expected to grow 11% a year until 2030, making it one of the fastest growing markets in the world. To this end, we are investing one billion euros in South America by 2026.

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Ensorcia to invest €200M to build lithium hydroxide conversion plant in Europe

Green Car Congress

Chile-based Ensorcia Metals , a specialist in the extraction and transformation of high purity lithium, will invest €200 million to build a lithium hydroxide conversion plant in Europe.

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Public EV Transportation In South America

CleanTechnica EVs

China, Europe, and the United States lead the way in this category and are thus considered to be at the forefront of EV adoption. The common conception appears to be that a successful transition to electric vehicles is determined by the number of passenger vehicles sold.

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Affordable Chinese EVs Boost Adoption Rates In Asia, South America: Report

InsideEVs

and Europe. The average retail price of a BEV in China is less than half of the prices in the U.S.

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Volkswagen to offer refreshed Tiguan with new plug-in hybrid powertrain in Europe

Green Car Congress

This versatile vehicle is available for sale in 80% of countries in the world and is the most successful SUV on the market in Europe. The normal wheelbase (NWB) version is manufactured at Volkswagen’s main plant in Wolfsburg, Germany, for markets in Europe, Africa, Asia and Oceania.

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Solvay to produce silica from rice husk ash for tires in Europe, expansion plans in N America

Green Car Congress

Through the implementation of this competitive rice husk ash (RHA) proprietary process in Europe, the company is able to ensure consistent product quality by leveling out variability of agro feedstocks. The Group is also investigating projects on circular HDS in Asia and South America. Continental is a key partner in this.

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BASF to concentrate plant biotechnology activities on main markets in North and South America

Green Car Congress

Citing a lack of acceptance for plant technology in many parts of Europe, BASF announced that it is concentrating its plant biotechnology activities on the main markets in North and South America. Overall, this means that BASF is reducing 140 positions in Europe.