Livoltek set to commission Brazilian inverter factory
- Admin
- Jun 6, 2024
- 1 min read
Livoltek, a PV inverter manufacturer and a unit of China's Hexing Group, plans to build an inverter factory in Manaus Free Trade Zone, Brazil. The factory will cover 30,000 m2 with an initial investment of BRL 70 million. Livoltek aims to manufacture lithium batteries and electric-vehicle chargers, starting production by the end of 2024. The company's strategy includes Brazilian market expansion and exports to neighboring countries and Europe.
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