Etiqueta: US

China’s electric vehicle (EV) giant BYD has shelved plans to build a major manufacturing plant in Mexico, citing geopolitical volatility and the ...

SINGAPORE — Just minutes before I left Singapore from its beautiful Changi International Airport, a former Nissan colleague called to tell me, “I predict over 500 units.” Naturally, this is an educated guess, and I do not claim that this will happen until the reports are actually out, usually after ... [continued]

Newly-built plant in Bahia completed ahead of schedule.

Tesla’s biggest rival BYD saw electric vehicle sales hit new high in June

Facing rising geopolitical tensions and uncertainty surrounding US trade policy under President Donald J. Trump, Chinese EV maker BYD has put plans for a large-scale factory in Mexico on hold.

China’s leading EV maker BYD has shelved plans for a major factory in Mexico due to geopolitical tensions and US trade uncertainty under US President Donald

The BYD Xia has been renamed the BYD M9 in Mexico, with a starting price of 979,800 Mexican pesos ($52,120).

BYD’s latest discounts are unlikely to be met warmly by local competitors, which have described its price cuts as “cutthroat” and coercive. By Stewart Burnett

BYD has canceled plans for a major electric vehicle factory in Mexico, citing uncertainty around US trade policies and rising tariffs on Mexico-made cars. The Chinese EV maker is expanding elsewhere, including in Brazil, where it faces labor violations. BYD remains focused on long-term international growth despite these setbacks

BYD has shelved plans to build a major factory in Mexico due to geopolitical tensions and uncertainty caused by Trump's trade policies, Bloomberg reported.