BYD denies suspension of investment in Mexico

by times news cr

[]

After Bloomberg revealed that the Chinese company had stopped looking for possible locations for the installation of its factory in our country, BYD issued a statement denying this information.ensuring that the project remains on track.

“BYD has not postponed any decision on a factory in Mexico. We continue working to build a factory with the highest technological standards for the Mexican market, not for the United States market, nor for the export market,” the company said in a statement.

You might be interested in: America Movil and Telefonica join forces in Chile

In addition to this, Stella Li, regional head for the Americas of the company, mentioned that The Mexican market is very important and they are very proud of the results they have obtained in recent months and which have placed them among the leaders in the automotive sector.

Let us remember that Bloomberg assured that the company would put on hold its interests in installing a plant in our country, at least until the presidential elections in the United States take place and the winner is known. between Kamala Harris and Donald Trump.

You might be interested in: BYD joins Tesla and puts “on hold” construction of plant in Mexico

The news quickly caused concern after the background with Tesla, where Elon Musk announced that he would stop investing for an automobile assembly plant in Mexico, due to tariff threats announced by the Republican candidate.

It is unknown at this time where and when the start of the works will take place for the creation of this factory, which aims to increase BYD’s presence within the national market.

MC

2024-09-09 16:19:30

You may also like

Leave a Comment