'China's BYD To Pause Mexico Plant Until After U.S. Election' - Bloomberg News
Author: Benzinga Newsdesk | September 03, 2024 10:33am
https://www.bloomberg.com/news/articles/2024-09-03/china-s-byd-said-to-pause-mexico-plant-until-after-us-election?srnd=phx-technology
China's top electric-vehicle maker BYD Co. won't announce a major plant investment in Mexico until at least after the US election, according to people familiar with the matter, as shifting American policy forces global businesses into wait-and-see mode.
BYD was scouting three locations for a car production facility in Mexico but has stopped actively looking for now, several of the people said, asking not to be identified discussing information that's private.
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