Shenzhen-based BYD Co. is bolstering its global presence, looking to escape hefty U.S. tariffs by setting up EV manufacturing in Mexico as part of its expansion across Thailand, Hungary, and Brazil. The company, which ...
In a news story, Bloomberg reported that BYD had tapped the brakes on scouting locations for the plant and that the company would not announce its investment plan until after U.S. elections in November. "BYD hasn't postponed any decision about a Mexico plant," BYD Americas head Stella ...
Neva Zhang, the Commercial Director of BYD Mexico, noted that BYD is excited to grow its global market presence in Mexico. “To cope with industrial transformation and ever-changing consumer trends, BYD will continue to focus on technological innovation”, said Zhang, “In addition, we will alw...
MEXICO CITY (Reuters) - Chinese electric vehicle maker BYD has narrowed its list of finalists for the location of a manufacturing plant in Mexico down to three states and is reviewing a range of proposed incentives from them, the firm's country head said on Wednesday. Jor...
up to nine hours on one charge. BYD’s advanced charging intelligence means with just one hour of charging, its range can be extended a further two to three hours, making it an attractive proposition for high-intensity operations in sectors such as manufacturing, beverage and building products....
for now. But while the tariff is unlikely to vanish anytime soon, BYD and the other major Chinese automakers have huge global plans. And in theory, building cars at their own factories in Mexico—which many of them are planning to do—allows them to sell in the U.S. without the ...
In 2020, BYD pivoted manufacturing and R&D efforts to address the global need for PPE. In less than one month, BYD established the world's largest mask plant with a peak capacity of up to 100 million pieces per day, supplying 80 global regions with essential health equipmentModels...
To accelerate growth, BYD plans to open several new facilities outside of China for local manufacturing. BYD opened its first plant in Thailand in July. It’s also planningfacilities in Pakistan, Turkey, Brazil, and Mexico. BYD Dolphin Mini (Seagull) launch in Brazil (Source: BYD)...
delivering a total of 242,765 units of its passenger cars to more than 70 countries across six continents. BYD has invested in manufacturing factories in Hungary and Thailand, and plans to continue expanding its presence through factories in Indonesia and Mexico as launching points for the Indonesi...
BYD, however, is already entrenched in the bus market in the U.S., manufacturing battery-electric buses in Lancaster, CA, and with a unionized workforce. While it would take about six years by some estimates for Chinese carmakers to start building vehicles in Mexico for export, Chinese auto...