China delays the BYD factory in Mexico due to technology fears. It will leak to American competitors

China is often considered a target of criticism on allegations that it is not innovated, but rather is to get rid of intellectual property abroad and win by undermining competitors over the price. Now that the country has jumped in the technology of electric vehicles, it has begun to see value in protecting local businesses in the free market.

According to Financial timesThe authorities in China delay the approval of a new BYD factory in Mexico due to fears that its electric cars technology will be raised on the southern border.

It is largely the position of “Spiderman refers to Spiderman.” From the article:

Home auto manufacturers require approval from the Ministry of Commerce to manufacture them abroad and has not yet been granted approval, according to two people familiar with this issue.

They said that the authorities were afraid that Mexico would get unrestricted access to the advanced technology in BYD and its knowledge, even allowing us to reach it. One of the people said: “The biggest interest of the Ministry of Commerce is near Mexico to the United States.”

BYD soon overcame Tesla in the electric car market, where 3.4 million cars were sold in 2024 compared to 1.7 million Tesla cars, and continue to grow at a rapid pace while Elon Musk faces its sales worldwide.

The Chinese company, which began in 1995 with the provision of batteries to other electronics manufacturers, issued a group of reasonable prices and announced this week New battery technology It can receive a vehicle in just five minutes. The self -driving system, called “Eye’s God’s”, will also be provided for free through the entire squad in the near future. Perhaps this is the technology that you want to musk in his hands.

While there is great evidence that Chinese companies are stealing intellectual property – Chinese engineers groups Ravish America With the thumb engines of secret documents-it is also true that China is in implementation when the authoritarian state decides to give priority to an industry. It is difficult to controversy with the success of BYD, and its cars have received strong reviews.

BYD growth was fed with great government support in China, and a large local market for selling its cars. BYD was expanding worldwide, however, which is unusual. The company sold 40,000 cars in Mexico last year and became a major player in Brazil and Europe as well. Factories can help China develop soft energy abroad, similar to the way its belt project and roads have witnessed that the country supports infrastructure development in other countries.

Meanwhile, the United States is backward in the global auto industry, as it has once controlled it, as Musk supports discounts in EV. The industry began to take off. Some critics speculated that the real musk intention is to hinder competitors such as GM and Ford, who are still not yet reached profitability in EV’s works while Tesla managed to become profitable on the basis of each unit. Either way, China takes the reins of the clear initiative in EVS locally and abroad while the United States focuses on more suspicious priorities, Crypto and AI.

BYD has some challenges abroad, such as Financial times male. BYD has been subjected to accusations Slave working conditions In its international factories, to anyone. President Trump is still able to dissuade the American power by threatening countries, including Mexico, which allows Chinese players to grow. In 2024, BYD committed the construction of a factory in Mexico, but it is now less committed as the government is seeking the Trump administration.

Definitions are not a big problem like BYD do not sell in the United States because of Government restrictions hereAlthough if you want to get an electric car at a rock bottom, you may be able to drive above the border and pick up the BYD Dolphin Mini Plus game. The area of ​​the car is estimated at 252 miles and a retailer for $ 23,000 – the exact type of micro -cars that they were hoping to make.