Elon Musk is reportedly inviting Chinese suppliers to Mexico to replicate the local supply chain at his Shanghai gigafactory, causing concern among US officials. Chinese auto-parts makers are rapidly setting up plants near Monterrey to supply Tesla's next factory, following a trend of Chinese companies establishing operations in Mexico in response to past tariffs. Western car manufacturers are also seeing Chinese companies establishing shelter companies in Mexico to become suppliers, with some concerns about market access and installed capacity in China.
Chinese EV Maker BYD Exploring Mexico Factory As Entry To US Market - WSJ https://t.co/Ehm5fLnmin
Elon Musk is inviting Chinese suppliers to Mexico to replicate the local supply chain at his Shanghai gigafactory, sources say, concerning US officials https://t.co/6UKfAOme7r via @business
.@business: Elon Musk Woos Chinese Suppliers to Set Up Right Next Door to US https://t.co/ZAD5FNb51f
“BYD, Chery Automobile Co. and SAIC Motor Corp.’s MG brand already are looking to open plants in Mexico.” Doubt it’ll ever happen. Too much installed capacity in China plus uncertain US market access. https://t.co/1ZnxfwPQu7
Elon Musk Woos Chinese Suppliers to Set Up in US's Backyard https://t.co/Fk3Lq23aJs
🇨🇳 companies that are “in a big hurry to get established to become suppliers” to western car manufacturers are opening shelter companies under Mexican business guidelines. Automakers and some global suppliers have not spoken up about the trend for fear of endangering their own… https://t.co/lLtV7nd4Uz
On the outskirts of Monterrey, Mexico, 🇨🇳 auto-parts makers are rapidly setting up plants to supply Tesla’s next factory. They join the ranks of 🇨🇳 manufacturers that opened Mexican facilities in response to Trump-era tariffs — and this new surge has set off alarm bells in… https://t.co/tGWgSDlnXw
Zee Chinese Are Coming (Through Mexico) Pobre Canada? Pobre US-Automakers? Pobre EV-only manufacturers? https://t.co/1dvedy59qM
Elon Musk is inviting Chinese suppliers to Mexico to replicate the local supply chain at his Shanghai gigafactory, sources say, concerning US officials Via @amystillman & @gablova https://t.co/wlNTvBSln7
Zee Chinese Are Coming... BYD dominates South America, Asia, Australia... Ramping Europe & Mexico... Wen N. America? https://t.co/Gx6Gge2gQX
Elon Musk is inviting Chinese suppliers to Mexico to replicate the local supply chain at his Shanghai gigafactory, sources say, concerning US officials https://t.co/lzf4aJGUqc