Well, as both Tesla and Rivian demonstrated, it can be a lot more financially beneficial to buy an existing plant than build one from the ground up. Now, the Nissan-Mercedes jointly-run plant in Mexico is up for sale , with three bidders. You’ll recall BYD (who sold about 80,000 vehicles in Mexico last year, or about 5.3% of the market) began talking about building a plant in Mexico back in 2024. Then they said they’d wait until the election, and then the Financial Times

Check out the video here: https://youtu.be/Oy23erag3MI This year’s Japan Mobility Show—the event formerly known as the Tokyo motor show—was once again a showcase for Japanese automakers, with one notable exception. And while the 2023 event featured a strong focus on EVs, the number of this year’s concepts didn’t even specify what was under the hood. Here’s a look at some of the notable production and concept debuts at the show… BYD RACCO: THE CHINESE COME KNOCKING... Chinese