BYD, Geely or competing for the acquisition of Mexican factories. Cui Dongshu, Secretary General of the China Passenger Car Association: Mexico is expected to become the largest export country for Chinese cars by 2025.
Recently, there were reports that, according to informed sources, China's two major car companies, BYD and Geely, have been shortlisted on the final acquisition list for Nissan-Mercedes-Benz's Mexico factory. Against the backdrop of the US tariff policy causing the shutdown of Mexican factories and exacerbating layoffs, China is actively seeking to establish manufacturing bases in that country.
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