BYD is halting plans to build a major factory in Mexico due to concerns about US trade policies. Geopolitical issues have a big impact on the automotive industry. Now everybody is rethinking their strategy in other countries.
"Kei cars fit the Japanese way of life extremely well. If customers properly understand the economic rationale, they are sufficiently willing to buy kei cars that aren't made by the existing major brands."
Labour prosecutors in Brazil have launched a lawsuit against BYD and contractors for illegally trafficking workers who endured conditions likened to slavery on a plant construction site.