According to a report by Valor Económico in Brazil, the CNHTC Brazil branch of CNHTC and the Santa Catarina state government of Brazil signed a letter of intent in April this year to establish a city in Lages. CKD factory.
The intention to sign the word ceremony was held in Sao Paulo City. Paulo César da Costa, chairman of Brazilian state-owned company SC Parcerias, revealed that it takes 18 months to build a new factory and Sinotruk expects to invest R$ 300 million in three phases. And operate the plant.
In the first year of the new plant project, vehicles will be imported from China in the form of CBU as the depot is under construction; in the second phase of the project, the factory will use parts imported from China to assemble trucks; by the third stage, CNHTC plans to Raise the proportion of parts used in vehicles used in Brazil and the Southern Community to 65% to avoid tariffs on IPI industrial products while achieving an initial annual output of 5,000 vehicles. By the middle of the project, the annual output of the plant will increase to 8,000 trucks.
In mid-April this year, Sinotruk exported 2,000 Euro five-cards to Santa Catarina. Currently, Sinotruk's business in Brazil is represented by importer Elecsonic.
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