Etiqueta: Mexico

BYD had been considering three different areas in the country, but now wants to learn the outcome of the Trump-Harris showdown before getting the shovels out

BYD denies report of pause on Mexico plant plans

MEXICO CITY (Reuters) -China's electric automaker BYD said on Tuesday that it has not postponed "any decision" regarding its planned factory in Mexico, denying a report from earlier in the day. In a news story, Bloomberg reported that BYD had tapped the brakes on scouting locations for the plant and that the company would not announce its investment plan until after U.S. elections in November. "BYD hasn't postponed any decision about a Mexico plant," BYD Americas head Stella Li said in a statement.

BYD is waiting to see if former President Donald Trump or Vice President Kamala Harris wins the US election before...

BYD launches Song Pro in Mexico. There is only one version and it is priced at nearly twice the price it is in China.

BYD topped the 1 million EV sales mark following a record-breaking August. China’s leading EV maker continues surging ahead as...

China’s BYD has announced its acquisition of German distributor Hedin Electric Mobility, a move aimed at strengthening its position as a major electric vehicle (EV) player in Europe. BYD and Hedin revealed the news on 30 August, according to Reuters. Under the deal, BYD Automotive GmbH will assume responsibility for the sales activities of BYD…

Chinese electric vehicle (EV) maker BYD announced it will buy Hedin Electric Mobility (HEM), one of the companies that distributes its EVs in Germany, as part of the Chinese company's attempts at building a stronger presence in Europe. According to the agreement, BYD will take over sales of vehicles and parts in Germany, as well as management of BYD stores in Stuttgart and Frankfurt. Buying HEM will give BYD greater control of sales in Europe's largest auto market (2023 sales: 2.85 million) where the company sold a little over 4,000 vehicles last year.

The new tariff on Chinese-made EVs will go into effect Oct. 1. A second round of consultations for other Chinese imports is also launching

It brands were once looked down on when it came to cars, but gradually, China's auto manufacturers are overtaking the Latin American market.