Brazilian billionaire plans $1B electric vehicle facility with 100,000 unit annual capacity — Autoblog Green
When you're ranked by Forbes as the world's eighth richest person, then spending a mere one billion dollars to build an electric vehicle (EV) factory in Rio de Janeiro is probably akin to us more common folk digging some coins out of the couch cushions and using that change to get some gas. Or, at least something close to that effect.
This is the plan of Brazilian billionaire Eike Batista, who believes that the production facility could be completed in four year's time and then be capable of pumping out 100,000 EVs per year. But Brazilian President Luiz Inacio Lula da Silva is not keen on electric cars. President Silva questions whether EVs can be produced on a commercial level that will profit both the automakers and the nation. Silva's skepticism may be partially due to the nation's booming biofuel industry and strong promotion for flex-fuel cars. While Batista asserts that a profit will be realized, Brazil, like other democratic countries, is not solely run by powerful billionaires and the EV production facility's fate ultimately lies in the hands of the powerful few. But if it's given the nod, then Batista's vision to produce, "a domestically made car with foreign know-how, from Europe and Japan" could become a reality in just a few years.
Subscribe to:
Post Comments
(
Atom
)
Popular Posts Last Week
-
National Wildlife Federation Naturalist David Mizejewski explores the relationship between sea ice and polar bears. As continued global warm...
-
New York City's current and former mayors highlight the revitalization of lower Manhattan in the days leading up to the 10th anniversary...
-
In New Orleans: Recovering From a Post-Katrina 'Brain Drain' : News : Breaking : Climate Central
-
Met alle slimme apparatuur die we tegenwoordig in huis hebben, wordt het ook steeds belangrijker om die apparatuur te beschermen tegen onlin...
-
Technea Duurzaam levert nu één van de wereld beste zonneboilers. Met een zonneboiler van Consolar zet u zonnewarmte om in warm water (tapwat...
-
The unpiloted Progress 44 spacecraft scheduled to deliver three tons of food, fuel and other supplies to the International Space Station fai...
-
Sheffield Wind, which will sell clean wind power to three Vermont utilities, is a part of the community. Find out how First Wind built the w...
-
Whitelee is already Europe’s largest onshore wind farm. It creates enough electricity to power 180.000 homes. Once extended, it will be able...
Popular Posts This Month
-
New York City's current and former mayors highlight the revitalization of lower Manhattan in the days leading up to the 10th anniversary...
-
National Wildlife Federation Naturalist David Mizejewski explores the relationship between sea ice and polar bears. As continued global warm...
-
In New Orleans: Recovering From a Post-Katrina 'Brain Drain' : News : Breaking : Climate Central
-
Mooi hoor. Het ziet er naar uit dat er eindelijk een einde komt aan de totale chaos van gestalde fietsen op en rond Utrecht Centraal Station...
-
At FOOMA JAPAN 2011, Furukawa Kikou demonstrated SWITL, a pick-up and conveyor system using unique technology. SWITL scoops up and moves mat...
-
Alaska Airlines says it, like the rest of the aviation industry, has done everything it can to improve fuel efficiency but that can only do ...
-
Scientists may have found the cause of the world’s sudden dwindling population of bees – and cell phones may be to blame. Research conduc...
-
De Commissie m.e.r. is van oordeel dat het programma voor het beheer van radioactief afval en verbruikte splijtstof effectiever ingezet kan ...
Popular Posts All Time
-
National Wildlife Federation Naturalist David Mizejewski explores the relationship between sea ice and polar bears. As continued global warm...
-
New York City's current and former mayors highlight the revitalization of lower Manhattan in the days leading up to the 10th anniversary...
-
Leuk idee om de aandacht op een bedrijf te vestigen. Wire & Twine maakte een op zich mooi overzicht van 50 manieren waarmee ze u willen ...
-
In New Orleans: Recovering From a Post-Katrina 'Brain Drain' : News : Breaking : Climate Central
-
NS en Greenwheels lanceren samen de eerste twee Volkswagen e-Golfs. De elektrische deelauto’s zijn vanaf donderdag 13 september te vinden bi...
-
Hundreds of young people converged on the United Nations in New York today as the General Assembly kicked off a high-level meeting devoted t...
-
At IBM's THINK Forum in NYC, Joshua Cooper Ramo, Managing Director, Kissinger Associates comments on not letting the risks of a networke...
-
Persons with disabilities must enjoy full human rights and fundamental freedoms and enabling them to do so benefits society as a whole, Depu...
-
Bridget van Kralingen, General Manager, IBM North America discusses Making the World Work Better at the IBM THINK Forum
-
Never before has a time in history been so significant to so many cultures, religions, scientists and governments. Beyond 2012 looks past th...
No comments :
Post a Comment