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BYD plans to sell 50K EVs in Mexico, expand to 100K by 2025, while pursuing an import-only strategy in India after a rejected manufacturing proposal.
Chinese EV maker BYD aims to sell 50,000 electric vehicles in Mexico this year, increasing to 100,000 by 2025, with plans to announce a factory location soon.
In India, BYD will pursue an import-only strategy after its $1 billion manufacturing proposal was rejected.
The company targets the premium market, focusing on high-volume imports while awaiting potential easing of investment restrictions.
India's EV market is growing, with a government goal of 30% EV sales by 2030.
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BYD planea vender EV de 50K en México, expandirse a 100K para 2025, mientras persigue una estrategia de solo importación en la India después de una propuesta de fabricación rechazada.