As reported by Bloomberg, the company had been exploring potential locations for a facility in Mexico, including the Guadalajara region, but has temporarily paused its plans.
While there is speculation that BYD is waiting to see whether Donald Trump or Kamala Harris wins the election, the company itself denies any delay related to the U.S. election. Instead, BYD emphasizes that its focus is on the Mexican market, not the U.S. or export markets. The decision to pause the search for a factory location may stem from broader global economic factors or U.S. policy shifts affecting international trade and investments.
This situation highlights how geopolitical events, like the U.S. elections, can significantly influence major business decisions in global markets. BYD’s interest in Guadalajara aligns with the city’s growing reputation as a technology hub, but it seems the final decision on where and when to build the factory is still up in the air.
