BYD will announce next first plant installation in Mexico
Mexico Industry | June 28, 2024 |

In recent years, Chinese investment in the automotive industry in Mexico has shown significant growth, reflecting a global expansion strategy of Chinese automotive companies. These investments not only seek to satisfy local needs, but also export vehicles to other nearby markets. as is the United States.

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BYD (Build Your Dreams) is one of China's leading automotive companies and has seen considerable growth in its windows in recent years, in 2023 BYD reported record sales, surpassing 1.8 million vehicles sold globally.

The company has been expanding its presence in international markets, including Mexico, where its vehicles have gained popularity thanks to their advanced technologies and competitive prices. BYD's expansion in foreign markets is part of the strategy to become a global industry leader. automotive.

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Recently, Jorge Vallejo, general director of BYD Mexico, in an interview with the Bloomberg agency, highlighted that the assembly company generates 10,000 jobs and is eyeing three states for its installation in Mexico and will soon announce the final decision. 

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Original Note.

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