Chinese automaker BYD will create an EV hub in Brazil at an old Ford plant
BYD, the popular Chinese EV automaker, plans to invest 3 billion reais ($620 million) in a new Brazilian manufacturing hub, as it looks to build a larger presence in South America The industrial complex will be built in the northeastern state of Bahia, in the town of Camaçari, where BYD bought a Ford plant that closed in 2021.
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