article thumbnail

BYD will sell EVs in Brazil

Teslarati

. “I believe now is the right time politically and environmentally for us to invest in building these new technologies in Brazil,” Li said during an interview while launching the two SUV models on Wednesday. His program calls for industries focused on a green economy and the need to modernize the automotive industry with hybrids.

Brazil 67
article thumbnail

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. IHS Automotive experts also expect SUVs to remain the fastest-growing segment in China in 2015. The North American market will continue its upswing, though the pace differs by country.

2015 150