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Raizen, China's BYD to build EV charging station network in Brazil

February 02, 2024 at 07:00 am EST

SAO PAULO, Feb 2 (Reuters) - Sugar and ethanol firm Raizen and Chinese automaker BYD are joining forces to create a network of 600 charging stations for electric vehicles (EVs) in eight Brazilian cities, the companies said on Friday.

The charging points will be installed under the Shell Recharge brand over the next three years in Sao Paulo, Rio de Janeiro and six other state capitals. Shell and conglomerate Cosan control Raizen. (Reporting by Leticia Fucuchima; Writing by Peter Frontini; Editing by Gabriel Araujo)

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
SHELL PLC	2,904 GBX	+0.09%	+1.84%	232B
TOPIX INDEX	2,686 PTS	+0.86%	+0.34%	-
COSAN S.A.	14.76 BRL	+1.37%	+2.36%	5.38B
EURO / BRAZILIAN REAL	5.471 BRL	-1.05%	-2.16%	-
RAÍZEN S.A.	3.07 BRL	-1.60%	+1.66%	6.18B
AC (AC) - CBR (FLOOR)/C1	1.09 USD	+0.83%	+7.50%	-

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