Chinese Automaker BYD Looking for Mexico Plant Location, Executive Says
MEXICO CITY — Chinese electric vehicle maker BYD is looking for a location in Mexico to set up a factory aimed at boosting the company's share of the local market, BYD Americas CEO Stella Li told Reuters on Wednesday. The company expects to choose a location for the plant, which is set to have a production capacity of 150,000 cars annually, by the year's end, Li said. BYD outpaced former market leader Tesla in EV sales globally in the fourth quarter of 2023, and auto industry officials say its... Читать дальше...