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The Toyota Factory in the City of Indaiatuba, in the State of São Paulo, Will Receive an Investment of 1 Billion Reais to Start the Mass Production of This Unprecedented Line of Hybrid Cars in Brazil
Toyota Motor Corp from Japan announced on Wednesday that it will begin building a new version of the Corolla sedan in Brazil, which will run on electricity, ethanol, and gas, making it the first vehicle of its kind in the world. Brazil, the largest car producer in South America, has largely resisted the shift to electric and hybrid vehicle production, which has swept through more developed markets.
Some of Toyota’s competitors in Brazil, including General Motors and Volkswagen AG, have said they will import electric vehicles but do not plan to produce them domestically.
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Government unlocks R$ 554 million for a highway that has been requested for decades and accelerates the duplication of BR.
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Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.
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Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.
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Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.
The announcement was made at a press conference organized by the governor of São Paulo, João Doria. Toyota stated that the car will be produced in the state, at the Indaiatuba factory, which will receive an investment of 1 billion reais (US$ 254.73 million).
Toyota said in a statement that the decision to build the Corolla in Brazil was partly thanks to a package of tax incentives approved by the country’s Congress, known as Rota 2030. Unlike most markets around the world, ethanol is a common fuel for cars in Brazil. Toyota already imports the hybrid Prius to Brazil. More information directly on Toyota’s website here.
Can Trucks Be Fueled with CNG (Compressed Natural Gas)?
The cargo transportation sector in Brazil is currently one of the most controversial topics due to high diesel costs. Some experts indicate that trucks powered by CNG could solve part of the problem, just like in China and the USA, but would this be a viable solution? Watch the video below:
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