- BYD, the largest electric car producer, is opening three factories in Bahia, investing R$3 billion.
o Great Wall Motors plans to start producing electric cars in São Paulo (late-2024)
o BYD will manufacture electric vehicles and batteries for domestic use and export.
o Volvo invested R$881 million in Paraná for electromobility and decarbonization, part of a larger investment cycle reaching 1.5 billion yuan by 2025.
Its probably nothing.......
PEC Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
