{"id":44278,"date":"2024-12-16T05:25:00","date_gmt":"2024-12-16T10:25:00","guid":{"rendered":"https:\/\/latamobility.com\/?p=44278"},"modified":"2024-12-16T03:11:10","modified_gmt":"2024-12-16T08:11:10","slug":"byd-maintains-plans-to-build-a-factory-in-mexico","status":"publish","type":"post","link":"https:\/\/latamobility.com\/en\/byd-maintains-plans-to-build-a-factory-in-mexico\/","title":{"rendered":"BYD maintains plans to build a factory in Mexico"},"content":{"rendered":"\n<p><strong>BYD<\/strong> confirmed that it is moving forward with its plans to construct a factory in Mexico, despite statements from the president-elect of the <strong>United States <\/strong>about the possibility of imposing tariffs on <strong>Mexico and China.<\/strong><\/p>\n\n\n\n<p>A publication from <strong>Global Energy<\/strong> details that in response to rumors suggesting a possible indefinite suspension of its projects, <strong>BYD<\/strong> denied such claims, assuring that its plan remains intact.<\/p>\n\n\n\n<p><strong>Ray Zou<\/strong>, the president of operations for the company in Mexico, reiterated the company&#8217;s interest in the Mexican market and noted that the factory will produce vehicles <strong>intended primarily for the domestic market<\/strong>, excluding exports to the United States.<\/p>\n\n\n\n<p><strong>You may also read:<\/strong> <a href=\"https:\/\/latamobility.com\/en\/byd-to-update-vehicle-prices-starting-2025\/\">BYD to Update Vehicle Prices Starting 2025<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"572\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/12\/BYD-3-1024x572-1.jpg\" alt=\"\" class=\"wp-image-44271\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/12\/BYD-3-1024x572-1.jpg 1024w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/12\/BYD-3-1024x572-1-300x168.jpg 300w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/12\/BYD-3-1024x572-1-768x429.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-factory-characteristics\"><strong>Factory characteristics<\/strong><\/h2>\n\n\n\n<p>The factory is designed to produce <strong>300,000 vehicles annually<\/strong> and is expected to generate more than <strong>10,000 jobs<\/strong>. Although the exact location has not yet been disclosed, the company is in talks with local authorities and has narrowed the options to <strong>three states<\/strong>.<\/p>\n\n\n\n<p>Regarding its business plans, <strong>BYD<\/strong> plans to sell <strong>50,000 electric vehicles in Mexico during 2024<\/strong>, with expectations to double this figure in <strong>2025<\/strong>.<\/p>\n\n\n\n<p>Recently, <strong>BYD<\/strong> introduced the electric SUV <strong>BYD Yuan Pro<\/strong>, with an initial price of <strong>599,880 pesos<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-latam-mobility-key-player-of-regional-synergies\"><strong>Latam Mobility: Key Player of Regional Synergies<\/strong><\/h2>\n\n\n\n<p>After a successful&nbsp;<strong>2024<\/strong>&nbsp;tour,&nbsp;<strong>Latam Mobility<\/strong>&nbsp;consolidates itself as the most important sustainable mobility community in&nbsp;<strong>Latin America<\/strong>, by generating synergy among the actors involved to massify decarbonization.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/11\/Gira25-6.jpg\" alt=\"\" class=\"wp-image-42616\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/11\/Gira25-6.jpg 1024w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/11\/Gira25-6-300x169.jpg 300w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/11\/Gira25-6-768x432.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>In&nbsp;<strong>2025<\/strong>, the&nbsp;<strong>Invest In Latam<\/strong>&nbsp;network will continue its impact in the region with confirmed meetings in&nbsp;<strong>Colombia<\/strong>,&nbsp;<strong>Brazil<\/strong>,&nbsp;<strong>Chile<\/strong>&nbsp;and&nbsp;<strong>Mexico<\/strong>.<\/p>\n\n\n\n<p>Learn more about our&nbsp;<strong>meetings<\/strong>&nbsp;and become an&nbsp;<strong>agent of change<\/strong>&nbsp;<strong><a href=\"https:\/\/api.whatsapp.com\/send?phone=573024528100&amp;text=%F0%9F%8C%90Latam%20Mobility\">here<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BYD confirmed that it is moving forward with its plans to construct a factory in Mexico, despite statements from the president-elect of the United States about the possibility of imposing tariffs on Mexico and China. A publication from Global Energy details that in response to rumors suggesting a possible indefinite suspension of its projects, BYD&#8230;<\/p>\n","protected":false},"author":8,"featured_media":44275,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[2054,14],"tags":[1415,1564,1281,1489],"class_list":["post-44278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-electric-mobility","category-media-area","tag-byd","tag-electric-cars","tag-electric-mobility","tag-sustainability"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.7 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BYD maintains plans to build a factory in Mexico - 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