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Itafos Inc
> Lula's China trip to promote BYD takeover plan
Post by
JimToronto on Mar 24, 2023 9:36pm
Lula's China trip to promote BYD takeover plan
Lula's China trip to promote BYD takeover plan for Brazil Ford factory
A source close to BYD said executives were determined to make the investment after visiting the Camaari plant, which has capacity to make some 300,000 vehicles per year. However, their "hands are tied" until they reach a final deal with Ford, the source added.
Another source close to BYD said the negotiations are "in the final stages," working through "red tape" but with no major hurdles left.
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