US EditionChinese Automaker's Mexico Factory Plans Derailed By US Politics
4 Articles
4 Articles
Viktor Orban is in dispute with the EU and instead relies on China, which invests in a large way in Hungary. The first BYD plant in Europe promises Szeged jobs and growth. But does it really bring the hoped-for prosperity?
The landing of 7,000 BYD cars from a ship in the port of Itaja on May 28th was celebrated by the company l der in sales of electricity in Brazil and the world. While celebrating the arrival of the record of products in a market in which it successfully accumulates, the mount was prepared for another landing, the competitor. Read more (07/08/2025
Chinese Automaker's Mexico Factory Plans Derailed By US Politics
The Chinese automaker had been assessing three locations in Mexico for a new factory. BYD initially paused its Mexican plans last year to see the outcome of the US election. The company does have a presence in South America thanks to its new plant in Brazil. Plans for global growth rarely follow a straight line, especially when politics and international trade come into play. For BYD, one of the world’s fastest-rising automakers, a much-anticipa…
While BYD is opening its largest plant outside of Asia in Brazil, US President Trump's Mexico plans are slowed down by the Chinese automaker.
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