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12 Jul
13:14

Mexico, Brazil most attractive locations for gigafactory in LatAm: Fitch Solutions

Mexico and Brazil are the most attractive countries in Latin America for a potential battery gigafactory investment, according to analysts at Fitch Solutions. The region, spanning across Mexico, Central and South America, hosts huge reserves of battery materials, mainly lithium, but is yet to home a gigafactory project. Other main pulling factors are the size of automotive manufacturing, presence of battery recycling capacity, availability of renewable energy and …
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