LinkedIn is introducing a new feature that combines AI-written articles on professional topics with insights and advice from real-life experts. This initiative aims to enhance community knowledge across over 2500 skills.

LinkedIn is introducing a new way to unlock community knowledge through collaborative articles on over 2500 skills. These articles are initially written with the help of AI and are then enriched with insights and advice from experts with real-life experiences.

Fleet Mobility Today highlights upcoming initiatives, including country profiles and interviews with key executives in the fleet and mobility industry. The first interview will feature Manuj Aggarwal discussing AI's impact on fleet efficiency and safety. The newsletter also announces several new executive appointments across major companies like Tesla, Fisker, Nissan, Volkswagen do Brasil, and Toyota. The Fleet Mobility Today website is set to launch on February 29, 2024. The publication encourages collaboration and growth within the fleet and mobility market in the Americas.

The electric vehicle leasing market in Latin America is currently small but holds significant potential, according to fleet expert Max Leandro Veras. Companies in Brazil and the wider region find the fixed monthly costs for insurance, maintenance, and taxes appealing. Flexibility in choosing installment plans is highlighted as a crucial factor for fleet operators.

The Brazilian automotive industry is evolving with new electric vehicle (EV) models, but traditional brands like Fiat, Volkswagen, and Chevrolet are expected to maintain their market dominance in 2024. Despite Brazil's clean and diverse energy matrix, which is ideal for battery electric vehicles (BEVs), the country's biofuel alternatives also support the longevity of combustion engines. The top three brands have led the market since 1991, and with Toyota trailing significantly, this trend is likely to continue. SUVs and large pickups are expected to be significant again in terms of new registrations, but new import taxes may dampen the growth seen in 2023. Brands like BYD and GWM are anticipated to impact the Brazilian market in 2024. However, high production costs, low average income, and high-interest rates are barriers to consumer access to the industry's products and services, potentially leading to a recession that could severely affect the industry's operations.

The automobile industry in Brazil is evolving with the introduction of new players and electric vehicles (EVs), but major changes are not expected in 2024. Traditional brands like Fiat, Volkswagen, and Chevrolet will continue to dominate the market. Despite Brazil's potential for clean energy and biofuel alternatives, economic challenges such as high production costs, low average income, and high interest rates pose significant threats. However, opportunities exist due to Brazil's large, young population and strong consumer interest in technology. The market for SUVs and large pickup trucks is expected to grow, while the EV market may see slower growth due to import taxes and price increases.

Fleet operators face a choice between purchasing and leasing vehicles, with each option having distinct financial implications. Leasing offers lower monthly payments and access to newer vehicles but does not result in ownership, while purchasing involves higher initial costs but long-term ownership. The popularity of leasing versus purchasing varies across the Americas, with financial leasing more common in North America and full-service leasing preferred in Latin America. The article also highlights the growing appeal of electric vehicles for leasing due to technological advancements and potential tax incentives.

Brazil's federal government has introduced Mover, a Green Mobility and Innovation Program, allocating R$19.3 billion (US$3.92bn) in tax incentives for the automotive industry from 2024-2028. The program, replacing Rota 2030, will be partially funded by increased import taxes on electric and hybrid cars, which will return to a full rate of 35% by 2027. Mover aims to support research and development in mobility and logistics, sustainable vehicle projects, and local production, with an estimated cost of R$3.5bn in 2024.

General Motors has announced new executive appointments effective January 2, as part of its strategy to expedite the implementation of vehicle and technology programs and enhance go-to-market strategies. Marissa West is appointed as senior vice president and president of GM North America, Ken Morris as SVP of product programs, product safety, and motorsports, and Josh Tavel as SVP of energy storage and propulsion, research and development, and manufacturing engineering. Morris will continue his current duties alongside the new role.

The Ecuador unit of Chinese automaker BYD and the Latin American Energy Organization (OLADE) have signed an agreement to promote electric vehicles (EVs) across Latin America and the Caribbean. The collaboration focuses on sustainability, workshops, and specialized training in electromobility for various sectors, including academia and civil society. It includes technical demonstrations at OLADE's facilities and the use of BYD's full-electric Tang SUVs and charging stations to showcase EV infrastructure and benefits.