this post was submitted on 14 Feb 2024
48 points (96.2% liked)

World News

39005 readers
2305 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
top 16 comments
sorted by: hot top controversial new old
[–] autotldr@lemmings.world 2 points 9 months ago

This is the best summary I could come up with:


Factories are in various stages of planning or construction in Thailand, Hungary, and Brazil, and now, BYD is studying the feasibility of a factory in Mexico, potentially in Nuevo Leon, or perhaps the Baijo region in the middle of the country.

But building vehicles in Mexico would also mean BYD could take advantage of the US-Mexico-Canada Agreement, which would allow it to keep its prices lower.

That would be particularly advantageous if BYD plans to target the underserved lower end of the new car market.

BYD's EVs may not necessarily qualify for the full tax credit, as other parts of the law make an EV ineligible, depending on where its battery contents were sourced or if its battery was made by a Chinese-owned company.

The Alliance for American Manufacturing has gone so far as to call for a change to the USMCA "to ensure companies headquartered in a non-market economy like China cannot set up a factory in Mexico or Canada to gain preferential treatment."

And speaking about Chinese automakers last month, Tesla CEO Elon Musk said, "If there are no trade barriers established, they will pretty much demolish most other car companies in the world."


The original article contains 392 words, the summary contains 196 words. Saved 50%. I'm a bot and I'm open source!