staging
BYD continues evaluating options to install its assembly plant in Mexico
Cluster Industrial | December 13, 2023 |

Chinese automaker BYD has confirmed its intention to establish an assembly plant in Mexico, although it is still in the phase of analyzing location options.

This statement arises in response to the statements of the governor of Nuevo León, Samuel García, who had highlighted his state as the main destination for the installation of the plant.

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The company continues to carefully evaluate the potential of both Nuevo León and various entities in the country, with the aim of making a decision that allows them to establish themselves strategically.

The company stressed its commitment to transparency and noted that it maintains continuous conversations with the corresponding authorities to reach the necessary agreements if it decides to establish its plant in Mexico.

So far, they have not ruled out any of the regions considered and highlight their focus on clearly and timely communicating their decision for the benefit of consumers and business partners.

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The arrival of BYD in Mexico represents a significant milestone, since the Chinese firm is Tesla's main competitor in the electric vehicle market in China, offering a greater range of battery autonomy in some models. The final decision on the location of the assembly plant will be communicated in a clear and timely manner by the company, always aimed at promoting and democratizing electromobility in Mexico.

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