New Electric Motorcycle Factory Invests R$ 60 Million in Piauí to Produce Vehicles Focused on Domestic and International Markets, Promising to Generate 1,200 Jobs

To Unlock New Job Opportunities for the Population of Piauí, Wex Plans to Install Its New Electric Motorcycle Factory in the Northeastern State. The Unit is Set to Begin Construction in 14 Months

The Governor of Piauí, Wellington Dias, sealed on Friday (05) an agreement to build a new electric motorcycle factory in the state that promises to generate numerous jobs. The Ceará-based company Wex plans to set up in the Export Processing Zone (ZPE) on the coast of Piauí and produce electric motorcycles for both the domestic and international markets. The company’s plan includes investments of R$ 60 million, generating 200 direct jobs and 1,000 indirect jobs.

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Construction of the New Electric Motorcycle Factory Will Take Place in 14 Months

According to the Governor of Piauí, conditions are being worked on within the ZPE to support the production of electric motorcycles aimed at the domestic market, but also with a perspective of opening a new door for the external market.

According to the schedule, the construction of the new factory in Piauí, which promises to generate several jobs, should occur in 14 months. Before that, the electric motorcycles will go through a testing phase. According to the president of Investe Piauí, Victor Hugo Saraiva, Parnaíba is beginning to emerge in the ZPE of the municipality as a hub for electromobility.

There is already another memorandum signed, but this time aimed at electric boats and also a protocol signed by a company that intends to establish itself in the state to supply the entire northeastern market, in addition to generating new jobs and income.

New Electric Motorcycle Factory Promises to Electrify the State of Piauí

The signing of the memorandum of understanding with the electric motorcycle manufacturer also had the presence of Rafael Fonteles, Secretary of Finance and Coordinator of Pro Piauí.

According to Fonteles, within the infrastructure developed in the municipality of Piauí, having a new factory linked to the ZPE, which is about to be inaugurated to attract and provide better conditions for bold entrepreneurs to settle in the state, applying investments, generating environmental sustainability, jobs, and income.

According to Wex partner Vicente Neto, during this constant rise in gasoline and other fossil fuel prices, everyone is looking for an electric alternative. Vicente emphasized that the company wants to bring this alternative to the population of Piauí at an affordable price, through its own financing, and also offering the solution of renting electric models for those who cannot afford to buy a vehicle.

Electric Mobility is Rapidly Spreading Across Brazil

The electric motorcycle manufacturer, Voltz, also plans to inaugurate an electric motorcycle store in Bahia as part of the company’s expansion plans, which already has units in São Paulo and Recife, in addition to over 30 pop-up units, which are small stores located in strategic locations, spread throughout Brazil.

In addition to the new unit in Bahia, Voltz also plans to build another 70 pop-up units, which will be added to the existing ones, reaching the company’s goal of having more than 100 active stores by the end of the year.