IT Home reported on March 7 that the Stellantis Group announced on the 6th that it would invest 5.6 billion euros in South America from 2025 to 2030 (IT Home Note: currently about 439RMB0.4 billion) to support the launch of more than 40 new products, biofuel hybrids and decarbonization technologies during this period. The investment is the largest in the history of the automotive industry in Brazil and South America.
As part of the "Dare Forward 2030" strategic plan, the biofuel hybrid Stellantis group says it will invest more than €50 billion in electrification over the next decade and aims to achieve net-zero carbon emissions by 2038 (including all direct and indirect carbon emissions, when only a single-digit percentage of carbon emissions will need to be offset).
Pure Electric Power's integrated production and R&D facility in Betim, Brazil, is the group's global R&D center for biofuel hybrid technologies. In the future, the Group will also produce battery electric vehicles in the region.
Plug-in biofuel hybridThe group says the manufacture of biofuel hybrid technology vehicles is compatible with all production lines in South America. Biofuel hybrid, biofuel hybrid with electric dual-clutch transmission, plug-in biofuel hybrid technology will be available by the end of 2024.
The biofuel hybrid Stellantis Group with electric dual-clutch transmission defines the four regional markets of South America, Middle East and Africa, China, India and Asia Pacific as the "third engine" for business growth, and sees South America as a leading player in the "third engine" market.
In 2023, the group sold more than 87 vehicles in South America80,000 units, with a market share of 235%；The market share of light commercial vehicles was 286%, which is the sales champion in South America. In addition, Stellantis is the largest automotive group in Brazil by sales, with a market share of 314%。Fiat is the best-selling car brand in Brazil and South America, and the brand's Strada pickup truck is the best-selling model in Brazil and South America.
With this investment, Stellantis Group said it will further prepare to design, develop and produce modern vehicles in the South American market, while continuing to expand its presence in the region.