Chinese carmaker Great Wall Motor Co Ltd will start operations of its Iracemapolis plant in Brazil on May 1, 2024, the company announced on Thursday, also disclosing which vehicles it will manufacture there.
Those cars can run on 100% ethanol in addition to their electric engines. Poer will be the first hybrid pickup produced in Brazil, according to the firm.
GWM also expects to export vehicles from the South American nation, initially eyeing other Latin American countries. It will start renovations in the plant in the first half of 2023, aiming to expand its capacity to 100,000 vehicles per year from the current 20,000.Thomson Reuters Gabriel is a Sao Paulo, Brazil-based reporter covering Latin America's financial and breaking news from the region's largest economy. A graduate of the University of Sao Paulo, joined Reuters while in college as a Commodities & Energy intern and has been with the firm ever since. Previously covered sports - including soccer and Formula One - for Brazilian radios and websites.
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