World NewsEnglish • 4 months ago

China Conquers Mexico’s Automotive Market, and the US Is Worried

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China Conquers Mexico’s Automotive Market, and the US Is Worried

World NewsEnglish • 4 months ago

Led by the automaker BYD, China has established itself as the main car supplier in Mexico. The US worries China could use Mexico as a “back door” to sidestep tariffs and gain footing in the US market.

Foreign investment would be an economic boost for Mexico. The company has claimed that a plant there would create about 10,000 jobs. A Tesla competitor, BYD markets its Dolphin Mini model in Mexico for about 398,800 pesos—about $21,300 dollars—a little more than half the price of the cheapest Tesla model.

Chat

@wurzelgummidge
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English
8•4 months ago

fossil fuels and legacy automaker

Fossil fuel companies and legacy automakers donate more
- @SlopppyEngineer
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  3•4 months ago
  I think of fossil fuel companies and legacy automakers as part of the Deep State
  - DMBFFFOP
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    0•4 months ago
    They seem pretty open about being in the trough.
- @[email protected]
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  fedilink
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  2•4 months ago
  Even they aren’t going to delay the inevitable forever, though.

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