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

American logistics expert reports from China video: China's BYD and Great Wall pour billions into Brazil after Ford, Mercedes abandon the market 美國物流專家中國視頻通報：福特、賓士放棄市場後，中國比亞迪和長城向巴西投入數十億美元

https://www.wsj.com/business/autos/chinas-ev-makers-set-sights-on-latin-america-in-global-expansion-8297bc78
https://www.spglobal.com/commodity-insights/en/news-research/latest-news/metals/081524-lithium-leap-brazil-makes-journey-to-become-a-leading-supplier
https://www.digitimes.com/news/a20240322PD203/brazil-byd-china-ev.html
https://www.scmp.com/news/china/article/3282512/chinas-great-wall-motors-open-factory-brazil-may-report

BYD and Great Wall are Chinese carmakers, who enjoy surprising success in Brazil. This after Ford and Mercedes shuttered plants there, and industry experts widely predicted that Brazilian consumers would not accept Chinese brands, nor electric vehicles.

But the economics of EV's, particularly in Brazil, are obvious in retrospect. What's more, the economics of manufacturing EV's in Brazil are similarly obvious: the entire natural resource supply chain for Electric Vehicles is located in Brazil and its neighbors.

This is especially true of lithium, a vital component of EV batteries. Brazil has huge reserves of lithium, but it was only after the establishment of China's EV plants that deep investments were made to recover it. Now, Brazil's lithium industry is the most productive in the world on a cost basis, and will expand another 600% in the next four years.

比亞迪和長城是中國汽車製造商，在巴西取得了令人驚訝的成功。 在此之前，福特和梅賽德斯關閉了那裡的工廠，行業專家普遍預測巴西消費者不會接受中國品牌，也不會接受電動車。

但回想起來，電動車的經濟效益是顯而易見的，尤其是在巴西。 更重要的是，在巴西製造電動車的經濟效益同樣顯而易見：電動車的整個自然資源供應鏈都位於巴西及其鄰國。

對於電動車電池的重要組成部分鋰尤其如此。 巴西擁有龐大的鋰儲量，但直到中國電動車工廠建立後，才進行了大量投資來回收鋰。 現在，以成本計算，巴西的鋰工業是世界上生產力最高的，並將在未來四年內再擴張 600%。