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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. By 2027, the company plans to grow by 40% in Brazil, the region’s largest market. 4 are coming to Brazil As a fast-growing car market, South America is of strategic importance to Volkswagen. and the ID.

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The launch of Power2Drive South America Exhibition and Conference 2024 – Charged EVs

Baua Electric

It introduces innovative charging solutions, battery concepts and business models for sustainable e-mobility. In 2023 around 30 providers of products from the e-mobility sector are expected to exhibit at The smarter E South America. The smarter E South America creates opportunities to address all key areas along the value chain.

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MAN Truck & Bus will offer an eBus chassis for the global market; NMC and LFP battery options

Green Car Congress

MAN Truck & Bus will in future be offering an eBus chassis for the global market. By 2040, sales of zero-emission buses are expected to rise to more than 80% of the global market. First prototypes are to be delivered as early as 2023, series production is slated to start in 2024.

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Brine-to-battery company EnergyX secures $450M funding agreement with Global Emerging Markets

Green Car Congress

Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). Founded in 1991, GEM (Global Emerging Markets) is a $3.4-billion A tech-heavy ESG company mining in the emerging markets is a rare find.

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Start-Up MOBI LATAM partners with EnergyX to develop Bolivian domestic lithium battery supply chain

Green Car Congress

Both companies will work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market. The company plans on being active throughout South America and identified EnergyX as a strategic partner capable of helping it enact its vision. EnergyX) ( earlier post ).

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Power Global, Rap Eco Motors to launch mass electric auto-rickshaw line powered by swappable battery technology

Green Car Congress

In an infrastructure-light country like India, automotive OEMs are embracing solutions such as battery swapping to further reduce the upfront cost of EVs to increase access and accelerate the nation’s clean energy transition.

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Octillion to supply high-density batteries to FNM for 1,000 electric trucks for beverage maker Ambev

Green Car Congress

Battery maker Octillion Power Systems will supply advanced lithium-ion batteries to Brazilian manufacturer FNM (Fábrica Nacional de Mobilidades) for the production of 1,000 electric trucks for beverage maker Ambev. Ambev will use the electric trucks to deliver beverages throughout South America. Earlier post.).

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