China delays BYD Mexico auto plant approval

Capt. John

BEIJING is delaying approval for carmaker BYD to build a plant in Mexico amid concerns that the smart car technology developed by China’s biggest electric-vehicle maker could leak across the border to the US, reports London’s Financial Times. BYD first announced plans for a car plant in Mexico in 2023, along with intentions to make cars in Brazil, Hungary and Indonesia. It said the Mexican plant would create 10,000 jobs and produce 150,000 vehicles a year. But domestic automakers require...

https://www.seanews.com.tr/china-delays-byd-mexico-auto-plant-approval/202881/

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