BYD EVs Are (Probably) Coming To Canada
BYD, the Chinese electric vehicle giant, is gearing up to make waves in the North American market, with Canada as its latest target.
According to Automotive News, the company has been quietly laying the groundwork, as evidenced by recent government filings. These documents show that BYD is pulling in lobbyists to help navigate the tricky waters of establishing a new business in Canada and dealing with the looming possibility of tariffs on Chinese EV imports.
BYD isn't a stranger to the region. They've already dipped their toes in the Mexican market, where they've delivered the first batch of 100 Yuan Plus EVs and launched the Shark PHEV, a plug-in hybrid pickup truck. Additionally, BYD electric buses are already manufactured in Ontario, and in use by major metropolitan transport organizations like the Toronto Transit Commission.
But BYD's ambitions in Mexico go beyond just selling cars. They're reportedly close to sealing a deal to build a manufacturing plant there, which would create over 1,000 jobs. This factory would not only cater to the local market but also serve as an export hub, leveraging Mexico's strategic position and burgeoning auto industry.
Interestingly, while BYD is pushing into Canada and expanding in Mexico, they're steering clear of the U.S. market for now. Earlier this year, Stella Li, BYD America's CEO, candidly remarked that the company has no plans to enter the U.S. market anytime soon, blaming the "confusing" political environment.
This article was co-written using AI and was then heavily edited and optimized by our editorial team.
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