Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil
Green Car Congress
JULY 5, 2023
By 2027, the company plans to grow by 40% in Brazil, the region’s largest market. Hybrid vehicles will also follow in the medium-term. Before the end of 2023, the company is bringing its first fully electric models to Brazil: the Volkswagen ID.4. and the ID. Buzz and ID.4 4 and the ID.
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