(AOF) – Stellantis announces an investment plan for the South America region, totaling 5.6 billion euros between 2025 and 2030, which would be the largest investment in the history of the Brazilian and South American automotive sector. The planned investments will support the launch of more than 40 new products during this period, as well as the development of new bio-hybrid technologies and decarbonization technologies within the automotive supply chain. Stellantis is the leader in Brazil and South America, with 31.4% and 23.5% of the market respectively.
One of the beneficiaries of this investment is its bio-hybrid technology, which combines electrification and hybrid engines powered by biofuels (ethanol).
South America plays a leading role in the “third engine”, which includes South America, the Middle East & Africa region, China, India and Asia-Pacific, and contributes significantly to the growth in Stellantis’ sales outside North America and Europe.
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