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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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Brazil Lake lithium project: Maiden mineral resource estimate

Innovation News Network

Lithium Springs Limited’s maiden MRE for the Brazil Lake lithium project signals a promising lithium reserve. The post Brazil Lake lithium project: Maiden mineral resource estimate appeared first on Innovation News Network. Read more here.

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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.