What does the potential new nearshoring investment from China mean for the future of the Mexican economy, and what will it bring to the country?
As Chinese companies continue to make announcements on investment in Mexico, we dive deeper into the topic. What is motivating these large investment announcements? Will they actually come to fruition? Are the good for Mexico? What do they mean for the USMCA, U.S. tariffs, and the auto industry in the country?
More importantly: Is there any substance to repeated claims that the largest electric car company in the world, Chinese giant BYD, is going to build a plant in Mexico?
This podcast was produced using AI tools. All information collected and discussed in this episode was investigated, written and edited by human journalists. Compiled from Mexico News Daily articles by Travis Bembenek, Thomas Buckley, Felicity Bradstock and Peter Davies. Edited by Kate Bohné, Michelle Aguilar, Caitlin Cooper, Rose Eglhoff and Chris Havler-Barrett. Podcast produced by Chris Havler-Barrett.
I do not know if it means anything, but a couple of weeks ago I saw severy BYD automobiles driving around Merida. Personally, I think the manufacturing capability and workforce are attracting heavy industry. I hope those companies don’t go the way of the condo developers . . . unfinished, unoccupied, unsold . . . or sold without completion
BYD facing 100%-200% tariffs coming into the US. It’s not going to happen.
What will be the outcome for US domestic car manufacturers that have factories in n Mexico? Guess we will have to wait and see.