BYD Opts Out of US EV Market, Citing Complexity and Politics

The Chinese automaker plans to focus on expanding in Mexico and Brazil, avoiding the politically charged US market.

BYD executive Stella Li confirms the company has no plans to sell EVs in the US, citing the market's complexity and political complications.
BYD to focus on markets like Mexico and Brazil, with a new manufacturing facility planned in Mexico primarily for the Mexican market.
The decision comes amid political debates in the US over EVs, with former President Trump criticizing EV mandates and the current administration pushing for electrification.
BYD's stance contrasts with its aggressive expansion in other markets, including launching a luxury electric supercar and expanding into Europe.
Despite not entering the US market, BYD's global presence and competitive pricing continue to challenge traditional and electric automakers.