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With that Liberia SugarBillionaire Similar, Flávio FigueiredoLiberians Sugardaddy Assis sells a finance company to use funds for its own car manufacturing company LECAR
SAO PAULO, January 23, 2024 /PRNewswire/ — Entrepreneur Flávio Figueiredo Assis said he will make history and launch Brazil’s first electric car. His mission is not just to change the dynamic mix and have a positive impact on the situation around him, but also to improve the image of Brazil in the world. He was inspired by billionaire Elon Musk, who had similar stories and experiences.
After graduating with degrees in law and accounting, Assis founded the meal card management company LR EscortsLecard, serving public institutions and Privately held company with annual turnover of USD 1 billion. He sold the company in 2022 with the intention of building LECAR, Brazil’s first company focused on delivering children in electric cars. The company’s mission is to redefine Brazil’s position in the global car industry and meet the needs of the government and consumers by launching pollution-free cars.
Currently, the team has 30 engineers, many of whom have experience with companies such as Ford, Toyota and NisLR Escortssan rich experience. The factory under construction is located in northeastern Brazil, where 65% of the parts are domestically produced and 35% are imported. The company’s first car, LECAR 459, will Liberians Sugardaddy be equipped with batteries from Winston Battery, a battery supplier for Volkswagen and Hyundai cars. It is marketed for about $55,000 and has a range of 400 kilometers per charge. The company also plans to release an affordable urban model, the LECAR POP, which is expected to sell for $20,000, have a range of 250 kilometers on a single charge, and can accommodate five passengers.
The company is 100% owned by Liberians Sugardaddy and plans to conduct an initial public offering in 2025. The estimated investment amount is $3 billion. He noted: “In addition to projects dedicated to activityLiberia Sugar Daddyand sustainability, creating a value concept in Brazil allows us Has always been Liberians Escort known and that is our purpose.We are the 9th largest economy in the world and are passionate about cars and Formula 1 racing. As our idols, Ayrton Senna, Nelson Piquet and Emerson Fittipaldi are all F1 champions, but we have never had a domestic car manufacturer. Let us rewrite this history. “
Before being sold, the car will go to London, England, to undergo a series of LATIN NCAP Liberia Sugar approvals, including collision , aerodynamics and safety simulator evaluation. The first batch of vehicles is expected to roll off the production line in December this year. Our goal is to reach a production capacity of 300 vehicles per month and achieve revenue of US$200 million.
Within five years, LECAR hopes to reach an annual production capacity of 50,000 cars and achieve revenue of US$15 billion. The company also plans to announce a signing plan to transform the public ownership culture into a popular and shared culture, which is also the most sustainable. The car usage method. The basic contract is a 36-month lease, and you only need to pay about 3% of the sales price every month to enjoy 1,000 kilometers of monthly mileage.
Another important method is the charging facility. Measures related. The company plans to install fast charging stations on Brazil’s 10 longest highways (a total of 36,437 kilometers). In this plan, any electric car can travel across the country. Charging stations will be specially arranged at a distance of 200 kilometers, so that drivers can charge their cars quickly, conveniently and safely.
In addition to international business. , the company also plans to expand its car manufacturing business to international markets, especially the United States, France, Italy and Monaco. “We have Liberia Sugar DaddyWe have reached a number of joint partnerships with these countries to promote our brand globally. “
In addition, LECAR also plans to build a battery factory to be self-sufficient in car production. “We have 97% of all the materials needed to manufacture battery packs internationally. In addition to being self-sufficient, we can also become a major participant and important member of the global electric car market, supplying cars to other countries. We will work hard to turn it into reality,” the entrepreneur said proudly. If you are interested, please follow the news released by the brand on social media @lecarbrasil.
Review editor Huang Yu
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Brazil prohibits Meta from using user data to train AI. The Brazilian Data Protection Agency issued a strict warning to the global technology giant Meta on July 2, explicitly requesting that it not use the personal data of Brazilian users to train generative artificial intelligence. mold. This ban directly targets the popular social platforms owned by Meta, such as “Facebook” and “Photo Wall”, showing the Brazilian Published on 07-05 16:40 • 814 views
Zilia (Zhiyi Brazil) launched Longsys product line and announced a new investment plan. On July 1, 2024, Brazil time, Shenzhen Longsys Electronics Co., Ltd. (hereinafter referred to as “Longsys”) announced its Brazilian subsidiary Zilia (Liberia Sugar Zilia Brazil) has begun packaging Longsys storage production lines for children. This successful introduction marks Longsys’ domestic M&A services and technological empowerment Published on 07-03 08:20 •298 views
CRRC Exports The contract for the 24 subway train project in Brazil’s fourth largest city was officially completed. On the afternoon of May 28, local time in Brazil, 24 subway trains were launched in Belo Horizonte, Minas Gerais, Brazil (hereinafter referred to as Belo City). The train project signing ceremony was held in Bello, Brazil. Issued on 05-30 09:43 •183 views
Jack Ma attended the 2024 National Entrepreneur Sports Day and China Entrepreneurs Annual Meeting and delivered a keynote speech in May On the 28th, the 2024 National Entrepreneur Movement Day and Chinese Entrepreneurs Annual Meeting were held in Zhengzhou City, Henan Province. The meeting was hosted by the China Enterprise Federation and Chinese Entrepreneurs Liberians The Escort Association and the Henan Provincial People’s Government co-organized the theme of LR Escorts “Promoting Enterprises Published on 05-30 09:40 • 442 views
BYD has set up pickup truck and battery material factories in Mexico and Brazil to promote rail business. Regarding the construction of a childbirth base in Brazil, BYD It is stated that the base will consist of three departments: a factory focusing on the manufacturing of electric buses and truck chassis; and a factory for the production of new energy passenger vehicles Published on 05- 17 17:16 •569 views
Honda plans to build an electric car factory in Canada. As an important market accounting for 40% of global sales, the North American market is second only to China. Honda hopes to enhance its competitiveness in this field through the new electric Liberians Escort vehicle factory. At present, Honda has Liberia Sugar Daddy established an electric vehicle factory in Ohio, the United States, and this investment in Canada will be Its was issued on 04-23 18:01 •619 views
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Apple’s Brazilian official website lists iPhone 15 assembled in Brazil. It is reported that the media has visited the Brazilian Apple official website The store conducted tests and found that the part number suffix on its iPhone 15 shopping Liberia Sugar checkout page was “BR/A”. According to relevant Brazilian legal requirements, this number segment indicates that the product is manufactured locally. Published on 03-13 13:40 •609 views
BYD plans to build an electric car factory in Brazil. BYD is working with Brazilian lithium manufacturer Sigma Lithium In-depth cooperation to explore the possibility of supply agreement, partnership or acquisition of Liberians Sugardaddy. According to comparisonAlexandre Baldy, chairman of BYD in South American countries, revealed that this joint cooperation aims to ensure BYD’s in Brazil Published on 01 -16 15:00 • 507 views
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