Stellantis has unveiled its investment plan for South America, committing €5.6 billion (R$30 billion) from 2025 to 2030. This investment marks the largest ever in the Brazilian and South American automotive industry. The funds will facilitate the introduction of over 40 new products, alongside the advancement of Bio-Hybrid technologies, innovative decarbonization methods throughout the automotive supply chain, and strategic business expansions.
Stellantis’ investment strengthens its regional leadership, fosters local industry growth, and propels progress towards the Dare Forward 2030 strategic vision. This commitment ensures continued leadership in providing clean, safe, and accessible mobility across Brazil and South America.
Aligning itself with the Dare Forward 2030 strategy, Stellantis commits over €50 billion to electrification in the next decade. Targeting carbon neutrality by 2038, South America spearheads the “third engine,” enhancing revenue prospects beyond North America and Europe. Bio-Hybrid technologies, blending electrification with bio-fuel-powered hybrid engines across three tiers, are the key recipients of the investment. Stellantis’ Betim facility in Brazil is the global hub for Bio-Hybrid expertise, carrying forward its tradition of innovation. As a Fiat brand initiative, Stellantis led the way in bio-fuel engine technology, utilizing 100% ethanol. Additionally, the region will soon manufacture a battery electric vehicle (BEV).
The production of vehicles featuring Bio-Hybrid technology is adaptable and can be seamlessly integrated into various models across Stellantis’ manufacturing portfolio. Backed by three hybrid powertrains, including Bio-Hybrid, Bio-Hybrid electrified dual-clutch transmissions (eDCT), and Bio-Hybrid Plug-In, alongside BEV (100% electric), these innovative technologies will gradually enter the market. It is expected that the new hybrid technologies will commence by the end of 2024.
“This announcement solidifies our trust and commitment in the future of the South American automotive industry and is a response to the favorable business environment here,” said Stellantis CEO Carlos Tavares. “As a critical part of our ‘third engine’ growth strategy, South America will take a leading role in accelerating the decarbonization of mobility together with our employees, our supply chain network and our partners. I want to thank each team member involved in helping create and execute our investment strategy so that, together, we can achieve our industry-leading carbon neutrality ambition.”
