Stellantis plans to start producing its first flex-hybrid vehicles powered by ethanol and electricity in Brazil by 2024, in an effort to come out ahead in the competition for the EV market in Latin America’s largest economy.
Stellantis has three prototypes combining electric with ethanol engines and one purely electric, according to Antonio Filosa, the group’s president in South America.
About 60 percent of the automaker’s sales by 2030 will be of vehicles with its biofuels-hybrid technology, he said.
“Brazil