en.Wedoany.com Reported - General Motors has announced an additional R$3.5 billion investment in Brazil, bringing its total planned investment through 2028 to R$10.5 billion. The new funds are in addition to the R$7 billion announced in 2024.

The additional investment is primarily allocated to GM's operations in the state of São Paulo, covering the renewal of Chevrolet's product portfolio in Brazil, the introduction of new technologies, plant modernization, and expansion of engineering and manufacturing capabilities. GM stated that the funds will also be used for the development and production of hybrid models, aiming to expand the supply of electrified vehicles. The announcement was made in Brasília, with Brazilian Vice President Geraldo Alckmin and GM South America President Thomas Owsianski among the executives in attendance. The company said these funds will help create high-skilled jobs and enhance the competitiveness of Brazil's automotive industry. As the automotive sector undergoes profound technological transformation, this new round of investment aims to expand the capacity to develop and produce more competitive vehicles in Brazil, accelerate the adoption of new technologies, and strengthen local capabilities related to future mobility. Although it did not specify which products would benefit, GM confirmed that the investment in hybrid technology will strengthen Chevrolet's position in Brazil's electrified vehicle market.

GM has partnered with PACE (Planta Automotiva do Ceará) to begin assembly of the electric version of the Captiva in Horizonte, Ceará. The plant will add a third production line by the end of this year to manufacture a model featuring a brand-new technology for GM in Brazil.

Although GM has not yet confirmed a new model, recent spy shots show that the Chevrolet Captiva PHEV, a plug-in hybrid model built on the same platform as the electric Captiva, has been undergoing testing in Brazil, suggesting that this plug-in SUV could be the model produced on the third production line at the PACE plant.

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