What China Just Pulled Off In Mexico Has The US On Edge, And Its Big!

What China Just Pulled Off In Mexico Has The US On Edge, And Its Big!
If you thought the automotive landscape was just about gas vs. electric, think again!
China is making waves in Mexico's automotive market, and the ripple effects are sending shockwaves straight to the U.S. Picture this: China’s automotive exports to Mexico hit a whopping $4.6 billion in 2023. That’s right—$4.6 billion! This leap is not just a minor uptick; it’s a major shift that positions China as the leading car supplier to Mexico, overtaking traditional giants. Leading the charge is BYD, a name you might have heard buzzing around lately. They’ve recently shot up to become the seventh largest automaker globally by units sold. How did they do it?