BYD Plans to Establish an Electric Vehicle Factory in Mexico!

🔋 BYD will be the largest electric vehicle manufacturer in 2024. The company wants to establish an automobile factory in Mexico. Speaking to Nikkei Asia, BYD Mexico Country Manager Zhou Zou officially confirmed that Mexico stands out for this export-oriented factory.

🟢Thanks to this factory, it will be easier for the Chinese giant to enter the US market. In order to avoid taxes completely, at least 75% of the parts in its electric cars must be produced in the USA, Canada or Mexico.

🚗BYD has already reached serious sales figures in American countries other than the USA. It is known that BYD Dolphin, Seal and Atto 3 are among the best sellers in their segments in countries such as Brazil, Colombia and Chile.