Stella Li, a key figure at the Chinese behemoth BYD for 28 years, oversees the company’s operations in the Americas, including its investments in Brazil. After China and Thailand, Brazil ranks third to host a BYD plant manufacturing hybrid and electric vehicles. BYD plans to inaugurate three facilities in Bahia this October, previously housing the […]
Related Posts
Ecuador Might Face $16B Loss as Protests Halt Oil Production
On Friday, Ecuador’s state-run oil company, Petroecuador, announced ‘force majeure’ in a Yasuní Amazon reserve field. This move follows protests by the Waorani ethnic group, impacting oil production. Starting December 25, the Kawymeno community’s protests led to a significant drop in oil output. Production decreased by about 17,000 barrels per day from the previous Wednesday. […]
Chinese Real Estate Faces Tough Road Ahead, Say Investors
A recent informal poll suggests challenges await China’s real estate market. The survey included 15 Hong Kong and mainland China-based analysts and fund managers. Nine see real estate as the most significant risk for stocks in the last quarter of 2023. Geopolitical tensions rank second among their concerns. Decision-makers are hesitant to provide aggressive economic […]
Vice President’s Call for Strategic Changes in Brazil’s Natural Gas Production
Vice President Geraldo Alckmin yesterday called for strategic changes in Brazil’s natural gas production to maintain industry competitiveness. At a Getúlio Vargas Foundation event, he stressed Brazil’s urgent need to update its natural gas strategies due to rising costs and production complexities. “Competitive inputs are essential for industrialization, and natural gas is key,” Alckmin stated. […]