Led by the automaker BYD, China has established itself as the main car supplier in Mexico. The US worries China could use Mexico as a “back door” to sidestep tariffs and gain footing in the US market.

Foreign investment would be an economic boost for Mexico. The company has claimed that a plant there would create about 10,000 jobs. A Tesla competitor, BYD markets its Dolphin Mini model in Mexico for about 398,800 pesos—about $21,300 dollars—a little more than half the price of the cheapest Tesla model.

  • prole@lemmy.blahaj.zoneEnglish
    33·
    3 months ago

    Don’t get upset when capitalists beat you at your own game. Does it matter if it’s better if we’re talking about a “free market” (lol)? It’s not like capitalists in the US give a shit.