China

BYD to invest $620M in Brazil industrial complex

BYD
(REUTERS)
R
By:
Reuters
July 04, 2023 08:23 PM

SAO PAULO  Chinese automaker BYD on Tuesday said it will invest 3 billion reais ($620.17 million) in a new industrial complex in northeastern Brazil, as it aims to boost local production to offer more competitive prices.

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