China Delays Green Light for BYD’s Mexico Plant, FT Reports

China Holds Approval for BYD’s Mexico Expansion China has delayed granting approval for BYD’s proposed electric vehicle (EV) manufacturing plant in Mexico, according to the Financial Times. The unexpected hold-up raises concerns about the company’s expansion strategy and China’s cautious stance on automakers expanding overseas. Regulatory Concerns and Strategic Control Beijing has yet to approve … Continue reading China Delays Green Light for BYD’s Mexico Plant, FT Reports