“If I was sitting in China right now running a Chinese OEM, I’d be looking for land in Mexico,” Gjaja said Wednesday. In Mexico, you have “a supplier base, low cost of construction, low cost of labor, and the USMCA trade agreement,” giving you access to the US. Although many automakers, including Tesla, Kia, Hyundai, and Toyota, already use BYD’s Blade batteries overseas, the move shows how far ahead BYD is.
