article thumbnail

Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil

Green Car Congress

The Volkswagen brand aims to make significant gains in South America with a major product offensive. In total, the South American automotive market is expected to grow 11% a year until 2030, making it one of the fastest growing markets in the world. To this end, we are investing one billion euros in South America by 2026.

article thumbnail

BYD is launching its cheapest EV in South America, starting at $20,000

Electrek

Chinese EV leader BYD is launching its cheapest electric car, the Seagull, in South America. The BYD Seagull will go by the Dolphin Mini overseas and will start at $20,100 (99,800 BRL).

article thumbnail

Tesla lands in Chile, its first appearance in South America

Teslarati

Tesla launched its first South American store in the capital of Santiago, giving buyers in the region their first looks at the all-electric automaker’s vehicles, which are in short supply on the continent. It was scheduled for earlier this week and made the first Tesla location in South America official.

article thumbnail

Tesla jobs posted in South America

Teslarati

Tesla recently posted jobs located in South America. The Tesla jobs are located in Chile, hinting at a company base in South America. The post Tesla jobs posted in South America appeared first on TESLARATI. Tesla posted the new job vacancies earlier this month.

article thumbnail

ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

article thumbnail

Tesla prepares to bring its electric cars to South America

Electrek

Tesla is preparing to bring its electric cars to South America, according to a new job posting in Chile. more… The post Tesla prepares to bring its electric cars to South America appeared first on Electrek.

article thumbnail

Stellantis is Dropping Billions on Ethanol Tech in South America

The Truth About Cars

The automaker said its investments in South America, specifically Brazil, show its confidence in the continent and a desire to reduce emissions with bio-hybrid technologies. South America is a significant market for Stellantis, where sales of Fiat buoyed the brand’s bottom line and helped make it the company’s best-selling brand.