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First lithium factory in Latin America will be installed in Brazil! The mega construction will have billion-dollar investment and is expected to generate 10 THOUSAND jobs

Written by Ruth Rodrigues
Published 10/07/2024 às 17:17
Bravo Motor Company will build the first lithium factory in Bahia, investing R$1 billion and creating 1,27 jobs.
Photo: Bravo Motor Company/Disclosure

Bravo Motor Company will build the first lithium factory in Bahia, investing R$1 billion and creating 1,27 jobs.

Last Friday morning (05/07), Bravo Motor Company Brasil Energy made an announcement that promises to revolutionize the Brazilian industrial scenario and strengthen the country's position in the renewable energy market. During the signing of a protocol of intentions with the Government of the State of Bahia, through the Secretariat of Economic Development (SDE), the installation of the first lithium factory in Latin America was confirmed. A new plant It will be built in the municipality of São Sebastião do Passé, representing an estimated investment of R$1,27 billion and expected to generate 10 jobs.

The factory will be installed to meet the demand for batteries for electric cars

Bravo Motor Company Brasil Energy's decision to establish its factory in Bahia aims to meet the growing demand for lithium ion batteries, fundamental for electrical accumulators and direct current conversion systems.

With a projected installed production capacity of 2 Gigawatt-hours per year, the plant not only reinforces the national infrastructure in the clean energy sector, but also promotes a significant economic impact in the region.

Thousands of job vacancies will be created in the state

The arrival of the lithium factory represents a unique opportunity to create new jobs in Bahia, with the forecast of generating 3,5 vacancies direct and around 10 thousand indirect.

Luciano Giudice, Superintendent of Investment Attraction at SDE, emphasized the state government's commitment to sustainable economic development:

“Bravo Motor Company Brasil Energy brings with it not only significant investments, but also the promise of a greener and more prosperous future for the state.”

Commitment to the environment and technological innovation

Eduardo Muñoz, director of Bravo Motor Company Brasil Energy, highlighted the strategic support of the Bahian government and the careful choice of the factory location:

“We chose Bahia due to its commitment to the green economy and its strategic position in the national panorama. This initiative not only strengthens our production capacity, but also reinforces our commitment to sustainable industrial practices.”

With the installation of the lithium factory, Bahia consolidates itself as a center of excellence in the green economy in Latin America.

Alessandro Fontenelle, director of Bravo Motor Company Brasil Energy, expressed optimism about the company's future in the state:

“We are building a legacy of innovation and sustainability that will serve as a model for other industrial initiatives in the region.”

The inauguration of the first lithium factory in Latin America by Bravo Motor Company Brasil Energy is a significant milestone for Brazil, representing not only a technological advance, but also a commitment to economic development and environmentally responsible.

This venture not only boosts the local economy and generates new jobs, but also places the country at the forefront of the clean energy industry globally.

Source: Sertão Agency.

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Ruth Rodrigues

Graduated in Biological Sciences from the State University of Rio Grande do Norte (UERN), she works as a writer and scientific disseminator.

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