About Gelcy Bueno

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Entries by Gelcy Bueno

BYD’s rise from battery manufacturer to global electric car leader

The Chinese company, which generated revenues of $61.7 billion in 2023, launched its first model as a sedan 01/17/2024 Chinese company BYD’s assembly line in Hefei: the company had produced 6 million vehicles by last year — Foto: Costfoto/NurPhoto via Getty Images A visit to BYD’s headquarters in Shenzhen, China, often begins unconventionally. Just beyond […]

Electricity bill subsidy doubles in 5 years, puts system at risk

Shift to free market and incentives for specific segments, such as distributed generation, pose threats to payment capacity 01/17/2024 Luiz Eduardo Barata — Foto: Leo Pinheiro/Valor In Brazil, the total subsidies on electricity bills have doubled over the past five years. From 2018 to 2023, the annual cumulative amount surged from R$18.8 billion to R$37.4 […]

North, Northeast, Central-West to lead in income growth

Smaller base, agriculture, investment, and public sector actions explain higher growth in these regions, study shows 01/17/2024 Angelo Ozelame — Foto: Divulgação The total wage bill of Brazilian households is expected to grow more in the North, Northeast, and Central-West regions than in the Southeast and South of the country in the coming years, according […]

Venture capital faces another challenging year after 39% decline in 2023

KPMG Report: $111 billion awaits capital calls from global management companies, recovery likely postponed to 2025 01/16/2024 Daniel Malandrin — Foto: Rogerio Vieira/Valor In 2023, high-interest rates and macroeconomic uncertainties severely affected the venture capital sector, leading to a consecutive annual decline in Brazil’s startup investments. A survey commissioned by Valor and conducted by Sling […]