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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.

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

Green Car Congress

The company is expected to start production in the first quarter of 2026. billion) in the economy, contribute to the generation of 90,000 direct and indirect jobs and reduce CO 2 emissions by up to 80% with the replacement of fossil fuel, which will make the company one of the largest producers of renewable fuels in the world.

Brazil 296
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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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ArcelorMittal Tubarão, Brazil first ResponsibleSteel steelmaking site in Latin America

Green Car Congress

The company manufactures flat steel products—primarily hot-rolled plates and coils—for both domestic and international markets. Launched in 2015, ResponsibleSteel sets global standards for sustainability performance and promotes the certification of steel chain companies through a network of independent certification bodies.

Brazil 259
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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’s Aerotec to invest ~$5M in Li-S battery company OXIS Energy; expanding into Brazil

Green Car Congress

million) in Li-Sulfur battery company OXIS Energy. OXIS says that it has achieved 400 Wh/kg at the cell level; the company is targeting 500 Wh/kg for 2019. The Aerotec investment paves the way for OXIS Energy to open a subsidiary in Brazil. Aerotec, a Brazilian Private Equity fund, will invest £3.75 million (US$5.2

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Chinese Electric Car Companies Coming To Brazil

CleanTechnica EVs

BYD is planning to build electric cars in India and now Brazll as part of its ambition to be the largest electric car company in the world.

Brazil 98