Green Car Congress
JULY 5, 2023
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.
Green Car Congress
AUGUST 30, 2009
Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. Automobile manufacturers were given tax breaks to produce cars that ran on hydrous ethanol, and, by 1980, every automobile company in Brazil was following this lead.
Green Car Congress
MARCH 28, 2011
Some of these nano-cellulose fibers are almost as stiff as Kevlar, but unlike Kevlar and other traditional plastics, which are made from petroleum or natural gas, nano-cellulose fibers are completely renewable. Another is curaua, a plant related to pineapple that is cultivated in South America.
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