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Just as he did Tesla A couple of months ago, Chinese electric vehicle giant, BYD, would put on hold their interests in installing a plant in our country, at least until the presidential elections take place in the USA.
According to Bloomberg reports, the Chinese company has stopped looking for possible locations for the installation of this factory, due to the electoral process between Kamala Harris y Donald Trump.
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Let us remember that last July, Elon Muskannounced that it will stop investing in a Tesla car assembly plant in Mexico, at least until the presidential elections are held next November, due to The tariff threats announced by the Republican candidate.
Given the uncertainty of knowing who will be the president of the United States, BYD prefers to wait to decide whether the operation in our country is reactivated or whether it will undergo any modification in accordance with the policies of the new US Government.
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Despite this information, The company has not issued any official position.some of the areas that were being considered possible locations for the installation of this mega factory were Guadalajara.
BYD is currently building or operating plants in Brazil, Hungary, Türkiye and ThailandFurthermore, given the wave of “nearshoring”, its presence in the Mexican market would have become a very attractive destination, despite the fact that it would only be managed locally.
MC
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2024-09-08 20:33:57