MOVIMAT 2024 Highlights Electric Products

News: Central/South America

Brazil Set To Start First Natural Gas Truck Corridor

BRAZIL/SOUTH AMERICA REPORT 

Eneva, a natural gas operator, plans to supply liquefied natural gas (LNG) for Virtu LNG’s truck fleet, starting in January 2025. This fuel will be used for the logistics and distribution operations of Yara Brasil, a global leader in plant nutrition.

The initiative will begin in Maranhão and is expected to expand to other states. The transportation contract was signed on September 24 at the ROG-e fair, a major oil and gas event.

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2024-09-23

Tata Negotiates for Production Plant in Brazil

BRAZIL/SOUTH AMERICA REPORT 

Fabio Ferraresi
Fabio Ferraresi

The São Paulo state government is working to attract the attention of automotive companies to the state, including Tata Motors, a subsidiary of the giant Indian-based Tata Group.

Tata’s staff has been in Brazil since the end of August 2024 and they will meet São Paulo government again in Germany by the end of September.

The secretary of Government, Jorge Lima, also revealed negotiations with a Chinese auto parts manufacturers for a factory in the state. The company’s name remains confidential, as São Paulo is competing with Minas Gerais and Paraná for the facility.

Source: Automotive Business     Read The Article

PSR Analysis: Indian Companies have been looking at the Brazilian and South American Market since 2000 and now the announcement made by the São Paulo Government shows some movement to make it more than just a study. The experience with Ethanol that Brazil and India have and comparable size and cost for low end vehicles adds data to the business decision.   PSR

Fabio Ferraresi is Director, Business Development-South America, for Power Systems Research

Colombia Resumes Taxing Vehicles from Brazil

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BRAZIL/SOUTH AMERICA REPORT 

Starting in 2025, vehicle exports from Brazil to Colombia will once again be taxed at a 54% rate. The tax exemption agreement, in place since 2017, will not be renewed. According to the Colombian government, this decision is designed to protect its local automotive industry, currently dominated by Renault. This is a setback for Brazilian manufacturers, who exported fewer vehicles in 2024, with a 30% drop compared to the previous year.

Source: Automotive Business     Read The Article

PSR Analysis: This means an important reduction of exports from Brazil, affecting some OEM exports severely; for others, there will be no impact. These production impacts are already deployed in the forecast in OE Link database.

Fabio Ferraresi is Director, Business Development-South America, for Power Systems Research

2024-08-27

Marcopolo Volare Unveils Hybrid Ethanol 1.0 Micro Bus

BRAZIL/SOUTH AMERICA REPORT 
Fabio Ferraresi
Fabio Ferraresi

During Latbus 2024 in São Paulo, Volare unveiled its Attack 9 HVE, Brazil’s pioneering ethanol hybrid minibus. The project is being developed by Volare, a division of the Marcopolo group, in collaboration with Horse and WEG. Although presented in 2024, the official market release is scheduled for 2026.

The vehicle is powered by a 1.0-liter, three-cylinder ethanol engine supplied by Horse, which also functions as an electric generator. This generator supplies energy to recharge the batteries of WEG’s electric drive system. The internal combustion engine operates for only one-third of the vehicle’s total operational time, maintaining an optimal rotational speed of approximately 3,000 rpm.

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