Stellantis to Invest €5.6bn in South America, Including Bio-Hybrid Technology Development

Stellantis has announced a record investment plan for the South American region totalling €5.6 billion from 2025 to 2030. This makes it  the largest investment in the history of the Brazilian and South American automotive industry.

The planned investments will support the launch of more than 40 new products during the period as well as the development of new Bio-Hybrid technologies and decarbonisation technologies.

Bio-Hybrid technology combines electrification with hybrid engines powered by bio-fuels (ethanol).

The Stellantis facility in Betim, Brazil is the company’s global centre of expertise for Bio-Hybrid technology.

Stellantis, under the Fiat brand, pioneered the development and application of bio-fuel engine technology, which used 100% ethanol.

The production of the first vehicles equipped with Bio-Hybrid technology can be integrated into various models manufactured by Stellantis. 

In the future, the region will also produce its own battery electric vehicle (BEV).

Stellantis CEO, Carlos Tavares, says: “As a critical part of our ‘third engine’ growth strategy, South America will take a leading role in accelerating the decarbonization of mobility together with our employees, our supply chain network and our partners. I want to thank each team member involved in helping create and execute our investment strategy so that, together, we can achieve our industry-leading carbon neutrality ambition.”

Stellantis is the sales leader in the three main markets in South America: Brazil, Argentina, and Chile.