Latest / China Economy with Fexingo: Beijing's Policies, Trade, and Asia-Pacific Markets
How China EV Makers Are Building Factories in Mexico
Chinese electric vehicle makers are quietly building factories in Mexico, a strategy that lets them bypass US tariffs and serve the North American market. In this episode, Lucas and Luna examine why BYD, SAIC, and other Chinese automakers are setting up assembly plants in northern Mexico, how the US-Mexico-Canada Agreement's rules of origin factor in, and what this means for the Biden administration's push to boost domestic EV supply chains. They discuss the specific tax advantages, labor cost differences, and the potential backlash from US lawmakers. With NIO's stock up 2.1%…
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