Giant BYD Gifted Lula a R$ 500,000 Car and Will Start Construction on Its Factory in Bahia

Written by Roberta Souza

Published on 25/01/2024 at 21:58

Foto: Ricardo Stuckert/Presidência da República

Be the first to react!

BYD Announces Billion-Dollar Investment in Brazil: Car Factory and Vehicle Delivery to President Lula

According to the website AutoEsporte, in a memorable meeting at the Palácio da Alvorada, BYD and former president Luiz Inácio Lula da Silva solidified a partnership that promises to redefine the landscape of the automotive industry in Brazil.

The announcement of the imminent start of construction of the factory in Camaçari, Bahia, and the delivery of an electric SUV Tan, valued at R$ 529,890, for the use of the Presidency of the Republic, signals an exciting phase of innovation and sustainability.

BYD Invests R$ 3 Billion in the Construction of Car Factory in Bahia

The coming weeks will mark an epic chapter in BYD’s history in Brazil. With a significant investment of R$ 3 billion, the Chinese manufacturer is about to begin the construction of a factory in Camaçari, Bahia. This ambitious endeavor, with an initial capacity to produce 150,000 cars per year, represents BYD’s first foray into automobile manufacturing outside Asia. In addition, the initiative promises to create 10,000 direct and indirect jobs, reaffirming BYD’s commitment to Brazilian economic growth.

ARTICLE CONTINUES BELOW

BYD Defines Ambitious Plans: Electric and Hybrid Cars, and Technological Development

BYD aims not only to be a car manufacturer but also sets ambitious goals for technological development in Brazil. With the confirmation of the production of the hatch Dolphin and the SUV Yuan Plus, BYD demonstrates its significant entry into the Brazilian market. The commitment to the local economy extends to the creation of a group of suppliers, revitalizing the former Ford factory, closed in January 2021. Additionally, the BYD plans to establish a Center for Technological Research and Development, focused on innovating a hybrid-flex engine, an ambitious initiative aimed at combining efficiency and sustainability.

The future of the Brazilian automotive industry takes on electrified and innovative contours with the arrival of BYD. The delivery of the electric SUV Tan to the Presidency of the Republic is more than just a vehicle; it is a symbol of BYD’s commitment to sustainability. This partnership between BYD and Lula not only brings cars to Brazil; it inaugurates an era of innovation, jobs, and technological advancements. BYD is literally driving the future of electric mobility in Brazil, and the coming weeks promise to be an exciting chapter in this transformation journey.

Giant BYD Gifted Lula a R$ 500,000 Car and Will Start Construction on Its Factory in Bahia

BYD Announces Billion-Dollar Investment in Brazil: Car Factory and Vehicle Delivery to President Lula

BYD Invests R$ 3 Billion in the Construction of Car Factory in Bahia

BYD Defines Ambitious Plans: Electric and Hybrid Cars, and Technological Development

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.

Goodbye traditional washing machine: Xiaomi surprises and launches an ultra-slim version with 27 programs, 3D water flow, steam sterilization, app control, enlarged drum, and a silent system with double suspension

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.

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

Toyota ends the Diesel era: new Hilux with up to 380 km of urban range brings 196 hp, 59.2 kWh battery, 4×4 traction and 715 kg of load capacity

After 16 years and almost 600 prototypes, a Chinese inventor unveils the world’s smallest and cheapest manned jet, at just 3.80 meters long and costing US$7.2 thousand in materials.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

“Whatever Russia is testing, it is sophisticated”: The quote is from the American COMSPOC, which observed two Russian military satellites maneuvering to within less than 3 meters of each other in low orbit last week.

Scientists discovered purely by chance that a microscopic organism taken from a pond in Oxford does not follow one of the “universal” rules of DNA, a finding made during a sequencing test with a very different objective.

After 30 years of development, engineer presents flying car that turns into a ‘plane’ in less than 2 minutes, uses a 280 hp engine, has already logged over 170 flight hours, and is coming to market

Scientists create a ‘Google Earth’ of the human body, scanning entire organs in 3D with synchrotron X-rays and allowing zooming in to cellular structures without cutting the tissue.

Scientists revive a three-sided zipper created in 1985 and demonstrate technology that makes objects flexible or rigid in a few seconds, without complicated assembly.