Jeffrey A. Newman
The Chinese government has delayed approval of contruction of a new plant in Mexico for BYD the largest maker of China’s electric vehicles. The concern, according to published articles is that the proprietary technology could find its way intot he U.S. BYD has international construction facilities in Brazil, Hungary and Indonesia and has been working on building a new facility in mexico which has already selling in that country. BYD has advanced technology in the electric vehicle production.
BYD annouced recently that its new cars can be charged in almost the same time it takes to refill a gas engine vehicle at the pump, giving the world’s top EV seller a major advantage in a highly competitive market. BYD’s new 1 megawatt flash chargers can power vehicles in five to eight minutes, according to the company, which plans to build 4,000 new charging stations across China. BYD, short for Build Your Dreams, has started pre-selling its new range of vehicles, called Han L and Tang L. In 2024, BYD produced 1,777,965 battery-powered EVs, compared with Tesla which produced 1,773,443 vehicles that same year.
Jeff Newman JD MBA, represents whistleblowers nationwide relating to major tariff fraud concerning imported Chinese goods as well as Medicare and Medicaid fraud cases under the False Claims Act (Qui Tam), and SEC, IRS and FINCEN whistleblower programs. He can be reached at Jeff@JeffNewmanLaw.com or at 617-823-3217
