Honda plans to invest $808m in Brazil's Itirapina plant by 2030, focusing on hybrid-flex technology and increasing production to 150,000 vehicles.
Japanese automaker Honda plans to invest $808m in its Itirapina plant in Brazil by 2030, with a focus on new technologies and developing a hybrid-flex vehicle capable of running 100% on ethanol. This is the latest in a series of automaker investments in Brazil, including Volkswagen, General Motors, Stellantis, and Toyota. Honda aims to increase production at the plant from 100,000 vehicles per year to 150,000 by 2030.
April 19, 2024
3 Articles