Guan Cha Zhe Wang·2025-08-16 11:39Group 1 - Brazilian President Lula inaugurated Great Wall Motors' factory in Iracemapolis, São Paulo, emphasizing the importance of industrial growth, job creation, and technology in Brazil [1][3] - Lula welcomed foreign companies to Brazil while criticizing the departure of Western firms, particularly highlighting the impact of U.S. tariffs on Brazilian goods [3][5] - Great Wall Motors aims to produce 30,000 vehicles annually by the end of 2025 and plans to invest 4 billion reais (approximately 532 million yuan) in Brazil by 2026, with an additional 6 billion reais planned from 2027 to 2032 [5][8] Group 2 - The factory previously belonged to Mercedes-Benz and ceased operations in December 2020 due to market conditions and the pandemic; Great Wall Motors acquired the facility, including 1.2 million square meters of land and all production equipment [5][8] - Great Wall Motors is the first company to receive the Brazilian federal government's green mobility certification and will focus on producing hybrid and electric vehicles [8] - The establishment of Great Wall Motors' factory is seen as a significant development for Brazil's automotive industry, marking the country as a new battleground for global car manufacturers and a center for regional automotive innovation [8]