Automaker Great Wall announces investment of 10 billion reais in Brazil

Great Wall Motor (GWM) is China’s largest 100% privately owned automaker.| Photo: Publicity/GWM.

Great Wall Motor (GWM), China’s largest 100% privately owned automaker, announced on Wednesday (16) an investment of R$10 billion until 2032 in Brazil, including R$4 billion until 2025. company in Brazil, which previously belonged to Mercedes-Benz, is located in the city of Iracemápolis in São Paulo and will produce electric vehicles, such as SUVs and pickup trucks. The forecast is to reach an installed capacity of 100,000 vehicles per year.

“Electromobility is an irreversible and inexorable phenomenon and our plant in Iracemápolis will be the first plant outside the United States, on the American continent, which will produce electrified hybrid and pure electric vehicles”, announced Pedro Bentancourt, CEO of the company. “We also anticipate that our hybrid vehicles will be flexible hybrids, capable of being fueled with ethanol,” he added.

According to the São Paulo State Government and Iracemápolis City Hall, the company can generate 2,000 direct jobs by 2025. “This announcement of R$10 billion [em investimento] of the largest automaker in China is linked to the production of 100% electrified vehicles inside São Paulo. Initially, this plant will generate 2,000 jobs in the short term,” said São Paulo Governor João Doria.

Bentancourt informed that production can still generate 200 or 300 indirect jobs in maintenance services and 500 indirect jobs in systematists. Also according to the executive, the company also expects that by 2025 or 2026 it will achieve a 50% nationalization rate for its products.

GWM also announced the establishment of 100 charging points for electric and hybrid vehicles in municipalities in the state of São Paulo. According to the government of São Paulo, the future GWM charging network will be powered mainly by the installation of photovoltaic panels.

Charging equipment will be assembled at GWM sales and service outlets, where charging will be free and available for electrified vehicles of any model or manufacturer. Charging stations will also be installed in high-traffic commercial establishments, such as parking lots, shopping malls and supermarkets. With information from Agência Brasil.

Related Articles

Back to top button