BYD Eyes Producing EVs in Brazil in 2025

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(Energy Analytics Institute, 3.Nov.2024) — Build Your Dream (BYD) Executive Vice President and CEO of the Americas Stella Li said the Chinese auto maker eyes producing its first vehicles in Brazil starting in 2025. 

Details were revealed during a meeting between Li and Brazil’s President Luiz Inácio Lula da Silva, the Brazilian official revealed 3 Nov. 2024 in a social media post.

BYD expansion could create 10,000 direct employment opportunities in 2025, rising to some 20,000 in 2026, Lula said in the post on X, formerly Twitter.

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By Aaron Simonsky. © Energy Analytics Institute (EAI). All Rights Reserved.

ENERGY ANALYTICS INSTITUTE (EAI) https://energy-analytics-institute.org

Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.

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