China's BYD and Great Wall pour billions into Brazil after Ford, Mercedes abandon the market

Resources and links:

Wall Street Journal, China’s EV Makers Set Sights on Latin America in Global Expansion

https://www.wsj.com/business/autos/chinas-ev-makers-set-sights-on-latin-america-in-global-expansion-8297bc78

S&P Global, Lithium leap: Brazil makes journey to become a leading supplier https://www.spglobal.com/commodity-insights/en/news-research/latest-news/metals/081524-lithium-leap-brazil-makes-journey-to-become-a-leading-supplier

BYD raises investment in Brazil by 80%, aiming to begin operation in 2024 https://www.digitimes.com/news/a20240322PD203/brazil-byd-china-ev.html

South China Morning Post, China’s Great Wall Motors to open factory in Brazil in May: report

https://www.scmp.com/news/china/article/3282512/chinas-great-wall-motors-open-factory-brazil-may-report