You are viewing a single comment's thread from:

RE: LeoThread 2025-01-16 13:03

in LeoFinancelast month

Part 1/5:

Open Doors for Chinese Automakers in Brazil

In recent news, there has been a significant development in the Brazilian automotive market—Chinese car manufacturers are making their entrance into the local production scene. This change is poised to redefine the country's automotive future as companies like BYD and GWM kickstart their operations, potentially paving the way for several other Chinese automakers to follow suit.

The Arrival of Chinese Automakers

Chinese automaker BYD is set to commence vehicle manufacturing in Brazil in the first half of this year, closely followed by GWM, which plans to begin production in the second half. In addition, there is a growing interest from other manufacturers such as Neta, GAK, and Omoda to establish a presence in Brazil between 2026 and 2030.