BYD Targets 100K EV Sales In Mexico By 2025 As Trump Vows 200% Tariffs On Chinese-Made Cars In North American Nation

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What Happened: Jorge Vallejo, who leads BYD’s operations in Mexico, announced plans to sell 50,000 EVs in the country this year, with a goal to double that figure by 2025, Reuters reported on Wednesday.

Chinese electric vehicle giant BYD (OTC:BYDDY) (OTC:BYDDF) is setting ambitious targets for the Mexican market, aiming to sell 100,000 electric vehicles by 2025.

Vallejo also mentioned that BYD plans to reveal the location of its first Mexican factory by the end of the year.

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Category: Technology

Markets: United StatesMexico

Topics: BYDDY Donald Trump EVs BYDDF General Stories That Matter Tech Benzinga Mobility Pooja Rajkumari News

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Published On: 2024-10-09 @ 10:19:30 (11 hours ago)

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