BYD Poised Towards Establishing Mexico EV Factory
Chinese electric vehicle (EV) giant BYD is reportedly planning to push forward its international presence by establishing a new EV factory in Mexico.
This move could potentially signal BYD's strategic initiative to create an export hub, which would target the North American market. The primary aim of this effort is to cement its position as the world's leading EV manufacturer, potentially surpassing rivals Tesla - a feat BYD recently achieved through sales volume in the fourth quarter of 2023.
One key component for BYD’s sales surge was the availability of more affordable offerings and a diverse product lineup. While most of BYD's sales are concentrated in China, the company is progressively expanding its global footprint. In the Malaysian market, BYD launched two models in a span of just a year - the highly popular Atto 3 and compact Dolphin. The brand is set to also launch the Tesla Model 3-rivalling Seal saloon this month too.
The initiation of a feasibility study for the Mexican plant is a significant step forward, with negotiations already underway regarding crucial aspects such as the factory's location. According to Zhou Zou, BYD's Mexico country manager, “having an overseas production hub is crucial to the establishment of a truly international brand”.
Having said that, BYD's expansion plans raise concerns among major U.S. automakers about potential competition. BYD's decision to enter Mexico's automotive sector, which hosts a strong presence of global industry giants, underscores the country's strategic importance as a manufacturing base closely linked to the U.S. automotive industry.
Furthermore, BYD’s focus on its Latin America expansion plan, which includes the establishment of a US$620 million industrial complex in Brazil, signifies the calculated growth potential, especially for its electric vehicle (EV) offerings in the region. At the same time, it also reflects on BYD’s commitment to diversifying its manufacturing footprint and tapping into emerging markets beyond China.
BYD has already launched a variety of EV products in the Mexican market. These include models like the Han, Tang, Atto 3, Dolphin, and Seal, as well as the Song Plus DM-i plug-in hybrid electric vehicle (PHEV). Additionally, they offer several pure electric buses and commercial chassis products.
Moving forward, the Chinese giant is looking at vehicle manufacturing to include shipping services through ownership of vehicle transport vessels to combat the shortage in shipping services for overseas vehicle transportation. In December, BYD acquired the Explorer 1, a ro-ro (roll-on/roll-off) vessel with lower carbon emissions, capable of transporting up to 7,000 vehicles.
Tagged:
Written By
KS
More then half his life spend being obsessed with all thing go-fast, performance and automotive only to find out he's actually Captain Slow behind the wheels...oh well! https://www.linkedin.com/in/kumeran-sagathevan/
JPJ Running Numbers
KUALA LUMPUR
VPM4730
SELANGOR
BSG7431
JOHOR
JYE4425
PULAU PINANG
PRT569
PERAK
ANY6659
PAHANG
CFD365
KEDAH
KGB6235
NEGERI SEMBILAN
NEG6290
KOTA KINABALU
SJL9999*
KUCHING
QAB8348L
Last updated 02 Aug, 2025
Fuel Price
Petrol
RON 95
RM 2.05
RON 97
RM 3.17
-0.04
RON 100
RM 5.00
VPR
RM 6.23
Diesel
EURO 5 B10
RM 2.91
EURO 5 B7
RM 3.11
Last updated 31 Jul, 2025
Related News
BYD Sealion 06 Debuts in China — New Midsize SUV, EV & PHEV
The all-new BYD Sealion 06 debuts in China as the brand’s new midsize SUV, featuring both EV and PHEV options.
25-07-2025
Launched: BYD Atto 2 EV – Single Variant, 410 km NEDC, RM100,000
BYD Sime Motors has just launched its latest EV model, the BYD Atto 2, priced at RM100,000.
24-07-2025
BYD Achieves 13 Million New Energy Vehicle Production Milestone
BYD has achieved the 13-million-unit NEV production milestone, with the Yangwang U7 becoming its thirteen-millionth NEV.
21-07-2025
BYD Brings L4 Autonomous Parking with Full Liability Guarantee
God’s Eye ADAS from BYD now supports Level 4 autonomous parking, with the automaker taking full responsibility for any incidents during parking.
10-07-2025
Report: BYD Leads 1H 2025 Sales Amongst Major Chinese Automakers
NEV-making giants BYD leads Chinese automakers with sales totalling over 2.1 million units in 1H 2025.
07-07-2025
BYD Atto 3 Surpasses 1 Million-Unit Milestone Globally
The cumulative sales volume for the BYD Atto 3 EV SUV has surpassed the 1 million-unit mark globally.
23-06-2025
Price Wars in China Are Breaking the Supply Chain
Experts say endless price wars in China are hurting not just automakers, it’s also affecting the entire supply chain.
12-06-2025
BYD Takes Over Distribution in Australia – Malaysia Next?
BYD takes full import and distribution control in Australia as it aims to increase its sales volume. Is Malaysia next on the list?
28-05-2025
Latest News
JLR CEO Adrian Mardell Retires After 35-Year Stint
JLR CEO Adrian Mardell retires after 35-year stint, exit also comes on the heels of firm’s best profits in a decade.
01-08-2025
BMW M3 CS Touring Sets New Nurburgring Record for the Fastest Wagon
The manic BMW M3 CS Touring is now officially the fastest estate to lap around the Nurburgring, with a time of 7:29.490.
01-08-2025
Hybrid Demand Lifts Toyota To New Sales Record In 2025
Toyota posts record H1 2025 global sales, driven by hybrid demand despite tariff pressure and EV competition.
01-08-2025
Chery Tiggo 7 PHEV CSH Aced Battery Scrape Test in Mexico
Chery continues its safety challenge global tour in Mexico with the battery scrape test for the Chery Tiggo 7 PHEV CSH.
31-07-2025
Nissan Posts JPY 115.8 Billion Net Loss in Q1 FY25, Stops Production at CIVAC Plant
Nissan’s financial woes continue with a reported net loss of JPY 115.8 billion in the first quarter of Financial Year 2025.
31-07-2025
New Brabus 1000 Is Effectively A ‘Hyper-PHEV’ With 1,000 PS & 1,620NM!
New Brabus 1000 sees tuner inject steroids into Mercedes-AMG GT 63 S E Performance Coupe for 1,000 PS and 16,20 NM outputs!
30-07-2025
Stellantis Braces For US$1.4 Billion Hit From Tariffs In Its H2 2025 Earnings
Stellantis vows to reconnect with customers as it flags US$1.4 billion US tariff hit to its H2 2025 earnings.
30-07-2025
Next-Gen Mitsubishi Pajero Rendered Based On Latest Spyshots
Next-gen Mitsubishi Pajero rendered based on recent sightings of prototypes being tested in Europe.
30-07-2025
Show More
trending_flat