Alckmin, who is also President Luiz Inacio Lula da Silva's minister of development, industry and trade, welcomed GWM's investments and said his meeting with Toyota had also been "very fruitful".
"It is very important because it is an industry of cutting-edge technology, with semiconductors and the whole decarbonization area," said the vice president. "It has a very long, value-adding chain, so it generates a lot of jobs." GWM, which will start operating its plant in the country on May 1, 2024 and eyes creating about 2,000 direct jobs, also said it planned to ship Brazil-made cars abroad, with Latin American nations seen as key destinations.
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