Chinese automaker BYD seeks further easing of Mexico EV tariffs

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Chinese automaker BYD seeks further easing of Mexico EV tariffs - Channel News Asia

Quick Summary:

MEXICO CITY :Chinese automaker BYD is seeking an extension of tariff relief for electric vehicle imports from Mexico's government, an executive told newspaper Reforma in an interview published on Friday, as the company aims to build a plant in the country.

BYD launched sales in the Mexican market last year, importing its vehicles from abroad.

It has since announced plans to build a plant in the country to push out up to 500,000 cars a year for the local market.