China Conquers Mexico’s Automotive Market, and the US Is Worried
China Conquers Mexico’s Automotive Market, and the US Is Worried
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.
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The west needs to take the hint and ditch the fossil fuels and legacy automaker excuses.
fossil fuels and legacy automaker
Fossil fuel companies and legacy automakers donate more
I think of fossil fuel companies and legacy automakers as part of the Deep State
They seem pretty open about being in the trough.
Even they aren't going to delay the inevitable forever, though.