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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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BEV Sales Shoot Past All Expectations in Brazil in December, Rise 700%!

CleanTechnica EVs

Not long ago, Brazil’s BEV sales were symbolic: a fraction of a fraction. continued] The post BEV Sales Shoot Past All Expectations in Brazil in December, Rise 700%! But the second half of 2023 has. appeared first on CleanTechnica.

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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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Latin American EV Sales Report, Part 2: The Promising Middle (Mexico, Panama, Brazil, Puerto Rico)

CleanTechnica EVs

continued] The post Latin American EV Sales Report, Part 2: The Promising Middle (Mexico, Panama, Brazil, Puerto Rico) appeared first on CleanTechnica. After the first part of our report (which, admittedly, was a bit underwhelming), we’re finally getting to the countries where.

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EIA forecasts growing liquid fuels production in Brazil, Canada, and China through 2023

Green Car Congress

The US Energy Information Administration (EIA) forecasts that liquid fuels production in Brazil, Canada, and China will increase this year and next, contributing to growth in overall non-OPEC petroleum production. After the United States, EIA expects liquid fuels production to increase the most in the non-OPEC countries of Brazil and Canada.

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