(Reuters) – China is delaying the approval for BYD to build a plant in Mexico over concerns that the technology developed by the electric vehicle maker could leak to the U.S., the Financial Times reported on Wednesday, citing two people familiar with the matter. (Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Rashmi Aich)
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China delays approval of BYD’s Mexico plant, FT reports
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(Reuters) – China is delaying the approval for BYD to build a plant in Mexico over concerns that the technology developed by the electric vehicle maker could leak to the U.S., the Financial Times reported on Wednesday, citing two people familiar with the matter.
(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Rashmi Aich)