Great Wall Motor (GWM), the Chinese automaker, has announced May 2025 as the inauguration date for its Brazilian factory. The company has made significant changes to its initial plans, opting for a piece-by-piece assembly process instead of using pre-assembled component kits from China. This strategic shift aims to accelerate the nationalization process and secure export […]
Related Posts
Samsung’s big leap in technology with its AI-powered Galaxy S24 series phones
The Samsung Galaxy S24 series is here. This latest rendition in Samsung’s Galaxy lines is the company’s first foray into the world of mobile artificial intelligence, featuring a ton of advanced intelligence features. It also features an upgraded camera and better battery than previous phones in the Galaxy S line. We got the chance to […]
Brazil’s Fintech Crunch
Brazil’s fintech sector faces a steep challenge in 2023, with major players like Open Co and Nexoos experiencing a 60% default rate on certain loans. This spike in defaults is stirring turmoil in the $13.2 billion FIDC market, driving the delinquency rate up to 9.5% from 3.5% in six years. The FIDC market refers to […]
