China postpones the approval for plans made by Karmakers, and BYD, as US tariffs, US tariffs and economic uncertainties, two people with knowledge of two people, he said.
Geely and Renault, in February, French Carmaker’s production enterprises in Brazil in Brazil, and in Latin American country, they said they have reached an agreement to receive a minority share in Renault.
Byd, in 2023 announced plans for the Mexican Plant and said that the factory will be located in late 2024 last year.
Beijing’s consent has long been expected for both projects, and said that the Technology Transfer Risks will be announced in the plans of the Chinese State Planner, Kitahers.
Authorities in the country’s automotive industries, US President Donald Trump said that the tariffs will complicate the risks of uncertainty and investment in global trade and economics.
The discussions discussed in the discussions are still fluid and changed.
A third source was tougher and careful to the point where the authorities are more rigid and cautious by the officials of Chinese carmakers abroad, but to the point where they are completely suspended to accept applications. The review schedule has been extended and will want businesses to provide more material.
Geely, with Renault in Brazil, without the success of that operation, delays or additional verification, this week has been reported only 52 days after the signing of the contract.
Byd, Renault and China’s State Planner, the Commission of National Development and Reforms did not respond immediately to the requests for comments.
The financial Times said that the technology of China’s home maker has postponed the approval of the Mexican plant due to China’s leakage of China’s technology.
Price delays are recommended as China carmakers plan to produce more abroad in recent years, because markets like Europe apply Tuesday tariffs.
Geely, who has Volvo and Polestar brands on the founder, is looking for a partnership to expand abroad. In South Korea, he was engaged in the team with Renault to produce cars with Geely’s technology.
On Wednesday, GEELY EX5 announced Geely EX5 for the Brazilian market and said that the model will go on sale in 18 cities in 18 cities in July 23. Did not give a schedule for local production.
BYD still organizes passenger machinery factories for increasing investment in Hungary, Mexico, Thailand, Uzbekistan and Brazil, Uzbekistan and Brazil, foreign markets, Hungary, Mexico and marketing.
