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You are here: Home1 / News2 / International News3 / Growing EV/hybrid tyre demand: Bridgestone investing in Brazil

Growing EV/hybrid tyre demand: Bridgestone investing in Brazil

Date: 1st July 2021 Author: Stephen Goodchild Comments: 0
Bridgestone will increase annual capacity in Camaçari to 4.3 million tyres (Photo: Bridgestone Americas)

In order to meet increasing local demand for high-tech and premium tyres and in response to national and regional market share gains, Bridgestone is investing in its manufacturing facility in Camaçari, Brazil. The more than R$700 million (£101.7 million) investment will go towards modernising the plant and increasing production capacity by more than 20 per cent. The project will begin by the fourth quarter of 2021.

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Brazil, Bridgestone, Bridgestone Corporation, capacity increase, electric cars, Fabio Fossen, hybrid vehicles, production capacity

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