Executives of China’s BYD Auto, currently the world’s largest electric vehicle manufacturer, met recently with Jalisco government officials to discuss the possibility of building a factory in this state, Secretary of Economic Development Roberto Arechederra confirmed last week.
According to sources in China, BYD is weighing up several states — Nuevo León and San Luis Potosi among them — as the site for a new factory.
“BYD carried out an in-depth analysis of how many educational centers there are, and the population volumes close to places where they could locate their plant,” Arechederra told El Economista.
Arechederra said BYD representatives also met with potential Chinese suppliers already in Jalisco, including auto parts manufacturer Haitian, which opened a plant outside Guadalajara in June 2023.
Growing numbers of Chinese companies are setting up operations in Mexico with the main aim of exporting to the U.S. market.
Speaking to Bloomberg, Stella Li, head of BYD for the Americas, said that the automaker’s recent introduction of the Dolphin Mini model in Mexico included visits to “several states where the company is exploring business opportunities.”
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