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

Green Car Congress

By 2027, the company plans to grow by 40% in Brazil, the region’s largest market. Before the end of 2023, the company is bringing its first fully electric models to Brazil: the Volkswagen ID.4. 4 are coming to Brazil As a fast-growing car market, South America is of strategic importance to Volkswagen. and the ID. Buzz and ID.4

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Acelen to invest $2.44 billion over 10 years to produce renewable diesel and SAF in Brazil

Green Car Congress

Inaugurated in 1950, RLAM was the first refinery in Brazil. It is currently the second-largest in Brazil, with the highest installed capacity for production of gasoline, diesel and other oil derivatives in the country’s North and Northeast.

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Octillion becomes official battery supplier for FNM electric trucks in Brazil

Green Car Congress

Li-ion battery provider Octillion Power Systems is working with the reborn FNM (now Fábrica Nacional de Mobilidades) in Brazil to produce battery-electric trucks; FNM has selected Octillion as the official battery supplier for the coming lineup. FNM was founded in 1942 and was the first truck manufacturer in Brazil.

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Brazil gets free Starlink terminals after deadly flood

Teslarati

I hope the best for the people of Brazil,” said Elon Musk in his X post. I hope the best for the people of Brazil. Starlink’s aid to Brazil comes at a time when the Brazilian Supreme Court is in conflict with Elon Musk’s X social media platform. Elon Musk responded by providing free Starlink usage to schools across Brazil.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Elon Musk shares details on X vs. Brazil conflict

Teslarati

Elon Musk shared a few details about the ongoing conflict between his X social media platform and Brazil. He supports regulations protecting people from harmful content and misinformation in Brazil. This judge has applied massive fines, threatened to arrest our employees, and cut off access to Brazil.

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EV Sales Report: Brazil Races Ahead, Bringing 1,100% BEV Growth in April

CleanTechnica EVs

continued] The post EV Sales Report: Brazil Races Ahead, Bringing 1,100% BEV Growth in April appeared first on CleanTechnica. When EV sales skyrocketed in late 2023, there were fears this was a temporary increase because automakers were running to bring as many cars as possible to market before the tariffs kicked in this year.

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