(Bloomberg) -- Mexico has not received a “firm” project proposal from China’s BYD Co. for a plant in Mexico, President Claudia Sheinbaum said on Thursday. The president was responding to a ...

But Mexican officials fear a BYD plant would send the wrong message to Trump and the trade hawks around him by suggesting that Mexico wants to be a backdoor for Chinese companies to sell to Americans.

In late December inspectors rescued 163 Chinese workers from the construction site of a plant owned by the electric car ...

BYD said the plant will have an annual capacity of 150,000 vehicles and is projected to generate 10,000 jobs. The company has also said it is planning to build a manufacturing plant in Mexico.

The company has also said it is planning to build a manufacturing plant in Mexico. BYD, which is backed by veteran US investor Warren Buffett, is the world’s second-largest EV company after Elon ...