SAO PAULO (Reuters) -Stellantis NV expects to have in place by the end of this year the technologies needed for it to develop ethanol hybrid vehicles in Brazil, the head of the carmaker in South America said on Tuesday.
The initiative comes amid a broader push for sustainability in the region, with Brazilian President Luiz Inacio Lula da Silva saying also on Tuesday that under him the country’s economy would be based on “finding clean energy alternatives”.
Antonio Filosa said the Brazilian state of Minas Gerais would be the “epicenter” of ethanol hybrid cars for Stellantis, which has three plants in Brazil, two in Argentina and an industrial partnership in Uruguay.
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