BYD Expands North American Reach with Major EV Push in Mexico

The Chinese automaker plans to sell 100,000 electric vehicles in Mexico by 2025, despite potential tariff challenges.

BYD aims to sell 50,000 EVs in Mexico this year, doubling sales to 100,000 by 2025.
The company plans to announce its first Mexican manufacturing plant location by the end of 2024.
The new factory is expected to produce 150,000 vehicles initially, with plans to expand output to 300,000 units.
BYD is seeking an extension on tariff relief for EV imports amid potential 200% tariffs proposed by Donald Trump.
Despite challenges, BYD continues its global expansion strategy, having opened plants in several countries this year.