Volkswagen announces an investment of R$16 billion in its four factories in Brazil by 2028

Volkswagen announces an investment of R$16 billion in its four factories in Brazil until 2028 – Image: Disclosure / Volkswagen

Volkswagen do Brasil announced, on Thursday (first) evening, at an event held in São Paulo, an investment R$16 billion in its four plants in Brazil by 2028.

The amount provides for investment in manufacturing 16 new vehicles, including hybrid, 100% electric and “fully flexible” models. Moreover, according to Volkswagen, the investment will also be for “innovative projects” and “focused on decarbonisation”.

In the first stage of investmentsVolkswagen has informed that it intends to develop and Production of four new vehiclesOne of which will be a pickup.

In addition to the vehicles, the automaker announced that, through the investment, it will develop a new engine for hybrid vehicles and a platform that is “innovative, technological, flexible and sustainable.”

“The new models, unprecedented in the Volkswagen do Brasil portfolio, will be key to strengthening the brand’s decarbonization strategy in the South American region,” the automaker said.

Volkswagen announces an investment of R$16 billion in its four factories in Brazil until 2028 – Image: Disclosure / Volkswagen

See what the investment will look like for each plant:

Sao Bernardo do Campo (SP)

Production of 2 new vehicles.

Manufacturing an unprecedented car, 100% developed in Brazil.

Sao Jose dos Pinhais (PR)

Unprecedented pickup production.

Production of a new engine for hybrid cars.

The signed agreement provides for four-wheel drive vehicles

Moreover, the union reported, at the time, that the agreement also provided for the opening of more than 130 vacant positions and the stability of employees’ employment contracts until 2028 – the final year of the investment announced on Thursday.

Volkswagen announces an investment of R$16 billion in its four factories in Brazil until 2028 – Image: Disclosure / Volkswagen