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Mexican President: BYD's Plan to Build Plant in Mexico Not Yet Firm
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Mexican President Claudia Sheinbaum said she has not yet received any "firm" plan from BYD COMPANY (01211.HK) to build a plant in Mexico, according to a foreign news report. In September, BYD's plan to build a plant in Mexico had been put on hold pending the outcome of the U.S. election, rumor said. Earlier this month, Jorge Vallejo, head of BYD Mexico, had said BYD chose three of the 20 states vying for the location of its first Mexican plant as finalists, emphasizing that BYD had no alternative plans if political pressure from the US caused the plant to fall through. AAStocks Financial News |
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