China has become Mexico’s leading car supplier, with exports totaling $4.6 billion in 2023, according to Mexico’s Secretariat of Economy. Chinese automaker BYD has risen to become the seventh-largest automaker globally, surpassing Honda and Nissan, driven by growing demand for its affordable electric vehicles. Will China conquer the U.S. market next? NTD speaks to a veteran automotive expert.
Analysis: Is China Taking Over the Automotive Industry? | Business Matters (Sept. 10)
By Don Ma