By Alberto Alerigi
SAO PAULO (Reuters) -Brazilian motor maker Weg is set to begin selling made-in-Europe EV battery chargers to that same market next year, while it also looks to ramp up planned investments in Mexico to meet rising demand for electrical parts there, executives said on Friday.
“We already started EV charge operations in Europe, and starting next year, we will have products on the market manufactured in Europe,” Weg’s Managing Director of Digital and Systems Carlos Grillo said in a presentation.
CEO Alberto Kuba added that the company is also speeding up an expansion of its component manufacturing capacity in Mexico – Latin America’s second-largest economy and a major car manufacturer – to meet strong demand for alternators from Marathon, a company it acquired in 2023.
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