Chinese GWM Invests R$ 10 Billion, Opens Factory in SP, and Promises to Produce Up to 45,000 Cars Per Year!

Written by Bruno Teles

Published on 26/11/2024 at 20:10

Com investimento inicial de R$ 4 bilhões e previsão de 700 empregos diretos, a chinesa GWM abrirá sua fábrica em SP em 2024, mirando exportar carros para a América Latina em até três anos. (Imagem: Reprodução)

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President Lula Receives Executives From Chinese GWM, Which Plans to Open Its Factory in SP Next Year, Creating Jobs and Aiming for Exports to Latin America.

The Chinese GWM announced to President Luiz Inácio Lula da Silva on Tuesday that its factory in SP, located in Iracemápolis, will have a production capacity of 30,000 to 45,000 cars per year. Operations are expected to start in May 2025, marking the official entry of the automaker into the Brazilian market.

The Chinese automaker Great Wall Motor (GWM) detailed on Tuesday, in a meeting with President Lula at the Palácio do Planalto, its plan to start production at the factory in SP, which will open next year in the countryside of São Paulo. The meeting was attended by Parker Shi, president of GWM, as well as the vice president and minister of Industry and Commerce, Geraldo Alckmin, and the minister of Labor, Luiz Marinho.

With an initial investment of R$ 4 billion in the first phase, which goes until 2026, the company plans to reach R$ 10 billion by 2032. The executive revealed that, in addition to serving the domestic market, GWM is already looking at exports to Latin America, expected to start within three years.

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Jobs and Innovation in Brazil

The project from Chinese GWM will not only boost the local economy but also position Brazil as a strategic hub for its expansion in Latin America. “GWM arrives in Brazil with a commitment to innovation and sustainability, targeting not only the domestic market but the entire region,” highlighted Parker Shi during the meeting.

With the factory opening in SP on the horizon, the Brazilian government and the automaker are entering into a promising partnership that could transform the national automotive sector in the coming years.

Chinese GWM Invests R$ 10 Billion, Opens Factory in SP, and Promises to Produce Up to 45,000 Cars Per Year!

President Lula Receives Executives From Chinese GWM, Which Plans to Open Its Factory in SP Next Year, Creating Jobs and Aiming for Exports to Latin America.

Jobs and Innovation in Brazil

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Chinese GWM Invests R$ 10 Billion, Opens Factory in SP, and Promises to Produce Up to 45,000 Cars Per Year!

President Lula Receives Executives From Chinese GWM, Which Plans to Open Its Factory in SP Next Year, Creating Jobs and Aiming for Exports to Latin America.

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Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

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Samara left the city, built a small power plant on her property, and now lives surrounded by waterfalls, her own energy, sustainable recycling, and preserved nature in the Serra da Mantiqueira.

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