According to media reports, BYD and Geely have made it to the final shortlist for the acquisition of the Nissan-Mercedes-Benz plant in Mexico. Insiders revealed that against the backdrop of factory closures and rising layoffs in Mexico caused by US tariffs, Chinese automakers are seeking to establish a new manufacturing foothold in the country. It is reported that a total of nine companies have expressed their intention to acquire the plant, including Chinese automakers Chery and Great Wall, as well as Vietnamese new energy vehicle maker VinFast.

The Nissan-Mercedes-Benz plant, located in Aguascalientes in central Mexico, started production in 2017 and is on the verge of official closure. Industry insiders stated that the plant's shutdown is the result of multiple factors, with US tariffs being the final straw.