MEXICO CITY : Chinese electric-vehicle maker BYD said on Tuesday it will launch its cars in Mexico next year, with a senior executive pegging its sales target at up to 30,000 vehicles in 2024.
As per Mexico's Automotive Industry Association, just 4.5 per cent of cars sold in the first eight months of this year were hybrid, or around 31,000 of nearly 693,000 sold in total. BYD's Zhou also said the company aimed to sell cars through 15 licensed dealers in Mexico by the end of 2023 and hit 40 by 2024. Mexican department store chain Liverpool will also sell the cars, BYD said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: