Chevrolet Announces Billion-Dollar Investment, With Unexpected Announcement of New Onix SUV and Anti-Compass Hybrid

Written by Roberta Souza

Published on 26/01/2024 at 14:40

Updated on 26/01/2024 at 14:41

Foto: Reprodução AutoEsporte

Be the first to react!

Total Renewal: Chevrolet Plans Modernization in the Automotive Landscape and New Models with Billion-Dollar Investment

According to the AutoEsporte website, General Motors (GM), about to celebrate its centenary in Brazil in 2025, surprised the market by announcing a massive investment plan of R$ 7 billion. The goal is to significantly transform the Brazilian automotive landscape between 2024 and 2028. Santiago Chamorro, president of GM in South America, emphasized that this investment will be aimed at modernizing GM’s five factories in Brazil and completely renewing the product portfolio of the brand Chevrolet.

New Models and Sustainability: Chevrolet Invests in SUVs and Electric Mobility

GM, about to celebrate its centenary in Brazil, reveals an ambitious plan to invest R$ 7 billion between 2024 and 2028. Santiago Chamorro, president of GM in South America, highlights the modernization of the factories and the complete renewal of the Chevrolet portfolio, including electric models and the promise of new launches. This investment puts Chevrolet at the forefront of innovation and sustainability in the Brazilian automotive landscape.

Within this substantial financial investment, Chevrolet has bold plans in the automotive market, including the local production of the confirmed electric Blazer EV and Equinox EV. Additionally, the automaker confirmed six launches for 2024, highlighting the renewal of the SUV Trailblazer and the S10 pickup. Chevrolet’s strategy goes beyond renewing established models; it embraces the vision of accelerating sustainable mobility in Brazil, considering the growing demand for electric and sustainable vehicles.

ARTICLE CONTINUES BELOW

Futuristic Vision: SUVs and Hybrids on Chevrolet’s Agenda Until 2028

Chevrolet’s vision for the future includes launching two new SUVs by 2028. The first, based on the successful Onix sales, targets the entry automotive market, competing with models like Fiat Pulse and Renault Kardian. The second SUV, a compact medium, is planned to arrive between 2027 and 2028 and will debut GM’s much-anticipated light hybrid flex engine in Brazil. These plans confirm not only a line renewal but also a commitment to shaping the future of Brazilian automotive with innovation and sustainability.

Chevrolet Announces Billion-Dollar Investment, With Unexpected Announcement of New Onix SUV and Anti-Compass Hybrid

Total Renewal: Chevrolet Plans Modernization in the Automotive Landscape and New Models with Billion-Dollar Investment

New Models and Sustainability: Chevrolet Invests in SUVs and Electric Mobility

Futuristic Vision: SUVs and Hybrids on Chevrolet’s Agenda Until 2028

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

Elon Musk’s internet comes to mobile: Starlink technology connects smartphones without an antenna via satellite, works even without carrier signal, already costs just US$10 extra in the US, and could arrive in Brazil as an included benefit.

While countries spend billions to draw water from the sea, a Nobel-winning scientist creates a container-sized machine that extracts up to 1,000 liters per day from dry air and uses ultrasound to release water in minutes, even in the middle of the desert.

Belgium will sink 23 giant concrete caissons, each weighing 22,000 tons, in the North Sea to build the world’s first artificial energy island 45 km off the coast, forming offshore electrical walls.

New microwave that can replace three appliances hits the market: Sharp launches 3-in-1 model that combines air fryer, convection oven, and heating in 0.9 cubic feet for small kitchens

While Brazil has been discussing bullet trains for 16 years, China delivers 5 new high-speed lines in 2026, surpasses 50,000 km of HSR, and moves 1 billion passengers in a single year.

New ‘inexplicable’ stainless steel created in Hong Kong can cheapen green hydrogen, resist seawater, and challenge expensive materials used today in electrolyzers

How much does it cost to install solar energy, produce your own energy for a year, and how long will the investment take to pay off?

One of Brazil’s most dangerous roads cuts through 160-million-year-old rocks with a 90-meter crevice opened by pickaxes and a single tractor, even revealing the Guarani Aquifer in Santa Catarina.

New Toyota pickup, ‘Hilux’s smaller sister’, will have a look inspired by the Corolla Cross, a 2.0 engine with up to 176 hp, a plug-in hybrid flex version with 223 hp and an electric range of 86 km to face Fiat Toro and BYD Mako

Asian tractors are invading Brazil with over 11,000 imported machines, and China and India are tightening the noose against major brands in the sector.

Chevrolet Announces Billion-Dollar Investment, With Unexpected Announcement of New Onix SUV and Anti-Compass Hybrid

Total Renewal: Chevrolet Plans Modernization in the Automotive Landscape and New Models with Billion-Dollar Investment

New Models and Sustainability: Chevrolet Invests in SUVs and Electric Mobility

Futuristic Vision: SUVs and Hybrids on Chevrolet’s Agenda Until 2028

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

Elon Musk’s internet comes to mobile: Starlink technology connects smartphones without an antenna via satellite, works even without carrier signal, already costs just US$10 extra in the US, and could arrive in Brazil as an included benefit.

While countries spend billions to draw water from the sea, a Nobel-winning scientist creates a container-sized machine that extracts up to 1,000 liters per day from dry air and uses ultrasound to release water in minutes, even in the middle of the desert.

Belgium will sink 23 giant concrete caissons, each weighing 22,000 tons, in the North Sea to build the world’s first artificial energy island 45 km off the coast, forming offshore electrical walls.

New microwave that can replace three appliances hits the market: Sharp launches 3-in-1 model that combines air fryer, convection oven, and heating in 0.9 cubic feet for small kitchens

While Brazil has been discussing bullet trains for 16 years, China delivers 5 new high-speed lines in 2026, surpasses 50,000 km of HSR, and moves 1 billion passengers in a single year.

New ‘inexplicable’ stainless steel created in Hong Kong can cheapen green hydrogen, resist seawater, and challenge expensive materials used today in electrolyzers

New Toyota pickup, ‘Hilux’s smaller sister’, will have a look inspired by the Corolla Cross, a 2.0 engine with up to 176 hp, a plug-in hybrid flex version with 223 hp and an electric range of 86 km to face Fiat Toro and BYD Mako

Scientists are baffled as to how a giant eruption in Tonga may have destroyed atmospheric methane and revealed an unexpected path to curb part of global warming.

Huawei surprises with a luxury smartwatch with 99 diamonds and launches a children’s watch with a camera, powerful battery, and advanced security and health features.

Virus alert on the small island: Tristan da Cunha, without an airport and with only 216 residents, now under attention for hantavirus.

New ‘inexplicable’ stainless steel created in Hong Kong can cheapen green hydrogen, resist seawater, and challenge expensive materials used today in electrolyzers

How much does it cost to install solar energy, produce your own energy for a year, and how long will the investment take to pay off?

One of Brazil’s most dangerous roads cuts through 160-million-year-old rocks with a 90-meter crevice opened by pickaxes and a single tractor, even revealing the Guarani Aquifer in Santa Catarina.

New Toyota pickup, ‘Hilux’s smaller sister’, will have a look inspired by the Corolla Cross, a 2.0 engine with up to 176 hp, a plug-in hybrid flex version with 223 hp and an electric range of 86 km to face Fiat Toro and BYD Mako

Asian tractors are invading Brazil with over 11,000 imported machines, and China and India are tightening the noose against major brands in the sector.