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Brazil
07 May 2024
Chinese Cars are Staying in Brazil for Good
The massive influx of Chinese cars into Brazil is transforming the entire automotive market, with prices falling not only for electric competitors, but also for combustion vehicles, according to a report published by the Brazilian Bank BTG Pactual.
21 March 2024
BYD to Amp Up Investment in New EV Plant in Brazil
BYD plans to amp up its investment in its new electric-vehicle (EV) plant in Brazil by about 83.3% to R$ 5.5 billion (USD 1.1 billion), and to build five residential buildings to accommodate 4,230 employees.
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