Tesla competitor BYD axes Mexico factory plans
Thursday, 3 July 2025 ()
BYD still plans to expand into the Americas but has no timeline. CFOTO/Future Publishing/Getty Images BYD is halting Mexico factory plans over US trade policy concerns. US tariffs on Mexico-made cars are affecting automakers including Nissan and Stellantis. BYD is opening a factory in Brazil, itsβ¦
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