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The Nexus
BUSINESSJun 12 · 11:05 UTCTHE RIO TIMESEsther Lansgebber

China Now Wants to Power Brazil Grid, Not Just Drive Its Roads

Chinese carmaker BYD will invest up to R$500m in battery storage in Brazil. Brazil will hold its first auctions for grid batteries on December 2 and 4, attracting Chinese companies like CATL, Huawei, and Sungrow.

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