Volkswagen Partners With BNDES for Renewable Energy Use in Brazilian Automotive Industry

Written by Valdemar Medeiros

Published on 08/11/2021 at 14:26

Updated on 08/11/2021 at 14:57

Centro de Produção da VW – crédito: Divulgação

Be the first to react!

Thinking About CO2 Reduction in the Automotive Industry, Volkswagen Signed a Partnership with BNDES for the Use of Renewable Energy in the Sector. Moreover, the German Brand is Preparing to Launch New Models – Zero Emission – in the National Market

In another initiative aimed at the decarbonization process of the automotive industry, Volkswagen do Brasil announced the signing of a memorandum of intent with the National Bank for Economic and Social Development (BNDES), which provides for financial support for research on sustainable technological solutions based on the use of renewable energy.

Agreement Between Volkswagen and BNDES Promises to Foster New Investments in Biofuels

YouTube video — *Volkswagen Announces Investment of R$ 7 Billion in Brazil – Credit: Reproduction/Youtube*

The signing is an agreement that involves joint efforts to strengthen support for innovation, exportation, and international insertion, development of the production chain, as well as improvement of financial instruments.

According to Pablo Di Si, CEO and President of Volkswagen in Latin America, this is yet another significant agreement in renewable energy for Volkswagen do Brasil and aligns with the global strategy Way To Zero, towards a carbon-neutral automotive industry. The agreement with BNDES will provide environmental, economic, and social benefits, encouraging research and the creation of Brazilian technology, making companies capable of sharing such knowledge in the future.

ARTICLE CONTINUES BELOW

New Jobs in the Automotive Industry

In the statement, Volkswagen highlighted that the national automotive complex generates jobs for around 1.3 million people, with salaries above the national average. By incorporating new renewable energy technologies into the automotive industry, the Brazilian productive sector has the mission of maintaining its international competitiveness and relevance.

The agreement’s axes discuss BNDES’s long-term mission regarding support for innovation and small and medium enterprises, mainly in the sector’s production chain and also promoting sustainable development. According to Bruno Aranha, director of Productive and Socio-Environmental Credit at BNDES, vehicle decarbonization, mainly through bio-electrification, is part of the bank’s ESG agenda, which focuses on the country’s emission neutrality.

The partnership between Volkswagen and BNDES aims to create opportunities for local technology, generation of qualified and sustainable jobs, strengthening and modernization of the production chain, and also a competitive global market insertion.

Volkswagen Works for a Sustainable Future in the Automotive Sector

In addition to this new partnership with BNDES, the German brand is also active in several fronts focused on renewable energy. Regarding electric mobility, Volkswagen announced a partnership with Shell for the creation of a charging network for electric cars in the country.

Moreover, the brand is preparing to launch the electric ID.3 and ID.4 in Brazil. These will be the brand’s first emission-neutral cars in the country, with the electric SUV being showcased at the São Paulo Boat Show, an event that runs until November 9.

Volkswagen Partners With BNDES for Renewable Energy Use in Brazilian Automotive Industry

Thinking About CO2 Reduction in the Automotive Industry, Volkswagen Signed a Partnership with BNDES for the Use of Renewable Energy in the Sector. Moreover, the German Brand is Preparing to Launch New Models – Zero Emission – in the National Market

Read Also

Agreement Between Volkswagen and BNDES Promises to Foster New Investments in Biofuels

New Jobs in the Automotive Industry

Volkswagen Works for a Sustainable Future in the Automotive Sector

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

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.

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.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

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.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

Saudi Arabia and Qatar signed the agreement to connect Riyadh to Doha with a high-speed train traveling at 300 kilometers per hour, covering 785 kilometers of desert in about two hours.

Can buying a small farm become a trap? When the dream of weekend relaxation turns into weeds, maintenance, bad roads, and endless expenses.

Country begins releasing crocodiles into protected area to try to save critically endangered species and restore degraded freshwater ecosystem in Cambodia

Volkswagen Partners With BNDES for Renewable Energy Use in Brazilian Automotive Industry

Thinking About CO2 Reduction in the Automotive Industry, Volkswagen Signed a Partnership with BNDES for the Use of Renewable Energy in the Sector. Moreover, the German Brand is Preparing to Launch New Models – Zero Emission – in the National Market

Read Also

Agreement Between Volkswagen and BNDES Promises to Foster New Investments in Biofuels

New Jobs in the Automotive Industry

Volkswagen Works for a Sustainable Future in the Automotive Sector

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

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.

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.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

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.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

How GMC decided to create a cheaper “mini Hummer” after the failure of giant electric vehicles and revealed radical SUVs that promise to take on the Bronco and Wrangler with a brutal look, futuristic technology, and off-road capability in the USA.

Chile inaugurates the first electric highway for the trucks that drive its economy, installs high-power chargers over 400 km, and aims to reduce diesel dependency in a logistical shift to Puerto Montt by 2030.

New Brazilian Fiat Fastback with a hybrid flex engine of up to 180 hp and a range of over 1,000 km will give rise to the new “affordable” Chrysler SUV in the US, in a project aiming to increase the brand’s sales to 225,000 cars by 2030.

Saudi Arabia and Qatar signed the agreement to connect Riyadh to Doha with a high-speed train traveling at 300 kilometers per hour, covering 785 kilometers of desert in about two hours.

Can buying a small farm become a trap? When the dream of weekend relaxation turns into weeds, maintenance, bad roads, and endless expenses.

Country begins releasing crocodiles into protected area to try to save critically endangered species and restore degraded freshwater ecosystem in Cambodia