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Brazil: Foton to set up plant in Camacari

Beiqi Foton plans to set up a production plant in Camacari, in Brazil’s northeastern state of Bahia. According to local publication A Tarde, the OEM will invest around US$500m in the project, though MarketWatch puts the investment at about US$300m. This would be the Chinese OEM’s first plant in Brazil. Production It’s time to log … Continued

Beiqi Foton plans to set up a production plant in Camacari, in Brazil’s northeastern state of Bahia. According to local publication A Tarde, the OEM will invest around US$500m in the project, though MarketWatch puts the investment at about US$300m. This would be the Chinese OEM’s first plant in Brazil.

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https://www.automotiveworld.com/articles/95952-brazil-foton-to-set-up-plant-in-camacari/

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