Hyperdrive
BYD Mexico Plant Will Create 10,000 Jobs, Executive Says
- Chinese EV giant is in final talks for Mexico factory
- In May it held the global launch of the Shark truck in Mexico
BYD Co.’s plans to build a plant in Mexico will create around 10,000 jobs, which would put it in line with some of the largest auto factories in the country.
The electric vehicle giant is in final negotiations for the location of the facility, with an official announcement expected in the coming months, Jorge Vallejo, BYD’s general director in Mexico, said in an interview Tuesday. He didn’t say how many of those workers would be directly employed by BYD versus contractors or suppliers.