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changes","influx-of-chinese-made-evs-into-mexico-and-brazil-ahead-of-tariff-changes","article/influx-of-chinese-made-evs-into-mexico-and-brazil-ahead-of-tariff-changes",{"_uid":547,"date":548,"tags":549,"editor":565,"content":575,"excerpt":717,"featured":51,"reporter":718,"component":729,"seo_title":730,"categories":731,"visibility":735,"data_vis_image":736,"featured_image":739,"seo_description":743,"formattedDate":744,"formattedArticleDate":745},"981a9374-7e67-48e5-814c-a9319f1bf959","2026-04-24 00:00",[550,553,556,559,562],{"slug":551,"name":552},"tariffs","Tariffs",{"slug":554,"name":555},"brazil","Brazil",{"slug":557,"name":558},"mexico","Mexico",{"slug":560,"name":561},"china","China",{"slug":563,"name":564},"byd","BYD",[566],{"slug":567,"name":568,"content":569},"matthew-bird","Matthew Bird",{"job_title":570,"image":571,"bio":573,"linkedin":574},"Senior Editor - Supply Chains & Data Visualisation",{"filename":572},"https://a.storyblok.com/f/287943243085208/512x512/14738033ec/matthew-bird.jpeg","Matthew writes, edits and produces content for Benchmark Intelligence and Benchmark Source across the whole mine to grid supply chain. He also acts as a liaison to the press. He has a PhD in electrochemistry from the University of Nottingham.","https://www.linkedin.com/in/birdmatthew/",{"type":576,"content":577},"doc",[578,607,618,636,646,656,678,684,693,701,709],{"type":579,"attrs":580,"content":581},"paragraph",{"textAlign":49},[582,590,602],{"text":583,"type":584,"marks":585},"The import of passenger car and light duty EVs (PC & LDV EVs) into Mexico increased to record levels in December 2025, with over 50,000 units imported. The spike in imports was driven by Mexico raising tariffs on vehicles from 20% to 50%, effective from January 1 2026. The move to raise tariffs was in part due to pressure from the US government to curb ","text",[586],{"type":587,"attrs":588},"textStyle",{"color":589},"#000000",{"text":591,"type":584,"marks":592},"China’s growing presence",[593,600],{"type":594,"attrs":595},"link",{"href":596,"uuid":597,"anchor":49,"target":598,"linktype":599},"/article/us-resists-rapid-global-expansion-of-chinese-bev-market-share","73900094-bdce-4976-8269-2039fb4d744d","_self","story",{"type":587,"attrs":601},{"color":589},{"text":603,"type":584,"marks":604}," within the Mexican economy. ",[605],{"type":587,"attrs":606},{"color":589},{"type":608,"attrs":609,"content":611},"heading",{"level":610,"textAlign":49},1,[612],{"text":613,"type":584,"marks":614},"BYD drives Mexico’s surge in EV imports ",[615],{"type":587,"attrs":616},{"color":617},"",{"type":579,"attrs":619,"content":621},{"textAlign":620},"left",[622,631],{"text":623,"type":584,"marks":624},"BYD’s EV imports",[625,629],{"type":594,"attrs":626},{"href":627,"uuid":628,"anchor":49,"target":598,"linktype":599},"/article/byd-gains-market-share-abroad-whilst-losing-domestic-share","d6b62daf-8ed1-4f84-bbfc-fdd50e436327",{"type":587,"attrs":630},{"color":617},{"text":632,"type":584,"marks":633}," into Mexico surpassed 40,000 units in December 2025, comfortably surpassing a previous high of 16,000 EVs in March of the same year. BYD, along with other Chinese OEMs, is turning to overseas markets to raise its profitability given the fiercely competitive price war it faces at home. The squeeze in profitability in China is perhaps most acute regarding small vehicles, with OEMs able to command a significant premium on these vehicles when sold overseas. Consequently, 40% of BYD’s imports into Mexico in December were of the Dolphin Mini, the smallest model it produces.",[634],{"type":587,"attrs":635},{"color":617},{"type":637,"attrs":638},"blok",{"id":639,"body":640},"685401f8-0f4c-4d9e-a89b-48b45baa6f84",[641],{"id":642,"_uid":643,"type":644,"component":645,"fixed_height":617,"use_fixed_height":50,"fixed_height_mobile":617,"fixed_height_tablet":617},"28683689","i-0f1846c0-c6cc-4d08-8909-65ca4e112002","visualisation","ContentFlourish",{"type":608,"attrs":647,"content":648},{"level":610,"textAlign":620},[649],{"text":650,"type":584,"marks":651},"Brazil also experienced an influx of Chinese made EVs ahead of tariff changes  ",[652,654],{"type":587,"attrs":653},{"color":617},{"type":655},"bold",{"type":579,"attrs":657,"content":658},{"textAlign":620},[659,664,673],{"text":660,"type":584,"marks":661},"Brazil is gradually raising the tariff it imposes on imported EVs. Until the end of December 2023, EVs were subject to no import duty. However, by July 2026, the rate will reach 35%, the same level imposed on conventional ICE vehicles. As in Mexico, ",[662],{"type":587,"attrs":663},{"color":617},{"text":665,"type":584,"marks":666},"Chinese OEMs",[667,671],{"type":594,"attrs":668},{"href":669,"uuid":670,"anchor":49,"target":598,"linktype":599},"/article/infographic-share-chinese-brands-in-overseas-ev-sales","f983545f-2371-40f2-ae36-722bf28d0e63",{"type":587,"attrs":672},{"color":617},{"text":674,"type":584,"marks":675}," are anticipating the tariff changes through increased imports. With a spike in imports before the tariff step change in July 2025 and a ramp-up in preparation for the final tariff change in July 2026 having already started in the opening two months of the year. ",[676],{"type":587,"attrs":677},{"color":617},{"type":637,"attrs":679},{"id":639,"body":680},[681],{"id":682,"_uid":683,"type":644,"component":645,"fixed_height":617,"use_fixed_height":50,"fixed_height_mobile":617,"fixed_height_tablet":617},"28684178","i-f2ee968d-6f89-4edd-9221-34e013b8ce41",{"type":608,"attrs":685,"content":686},{"level":610,"textAlign":620},[687],{"text":688,"type":584,"marks":689},"How will Chinese OEMs continue to operate in these higher tariff environments? ",[690,692],{"type":587,"attrs":691},{"color":617},{"type":655},{"type":579,"attrs":694,"content":695},{"textAlign":620},[696],{"text":697,"type":584,"marks":698},"Raising tariffs on Chinese made EVs is part of a broader protectionist trend globally in the EV market. Nations are seeking to protect their domestic automotive industry as well as to onshore the EV and battery supply chain given its strategic importance. Mexico and Brazil are not the first to raise tariffs on Chinese EVs, with the EU, US and Turkey having already pursued similar policies. ",[699],{"type":587,"attrs":700},{"color":589},{"type":579,"attrs":702,"content":703},{"textAlign":620},[704],{"text":705,"type":584,"marks":706},"In the USA, Chinese EV brands never had a foothold, so tariffs rising to 100% only cemented the case. However, elsewhere, increased tariffs have done little to slow Chinese OEM expansion down. In the EU, Chinese OEMs have continued to operate and grow their market share despite the imposition of tariffs on BEV imports from China in October 2024. The imposition of tariffs has, however, led several OEMs to localise production. ",[707],{"type":587,"attrs":708},{"color":617},{"type":579,"attrs":710,"content":711},{"textAlign":620},[712],{"text":713,"type":584,"marks":714},"BYD has already built a production facility in Brazil where it hopes to ramp up production this year. Despite the site only having an initial annual production capacity of 150,000 units, there are plans to increase the site’s capacity to 600,000 units a year. With BYD looking to establish the facility as its regional production hub, having reportedly already received orders for 100,000 EVs from Mexico and Argentina. ",[715],{"type":587,"attrs":716},{"color":617},"The import of passenger car and light duty EVs (PC & LDV EVs) into Mexico increased to record levels in December 2025, with over 50,000 units imported. The spike in imports was driven by Mexico raising tariffs on vehicles from 20% to 50%, effective from January 1 2026. The move to raise tariffs was in part due to pressure from the US government to curb China’s growing presence within the Mexican economy. ",[719],{"slug":720,"name":721,"content":722},"george-whitcombe","George Whitcombe",{"job_title":723,"image":724,"bio":726,"linkedin":727,"markets_covered":728},"Analyst - EV",{"filename":725},"https://a.storyblok.com/f/287943243085208/500x500/e5fa44ebf8/george-whitecombe.jpeg","George is an EV Analyst at Rho Motion, working in the EV & Battery research team. He works extensively on global EV sales and production analysis, considering the economic and legislative factors that influence both. He also focuses on the strategy of automotive OEMs in the transition to EVs and feeds that into the team’s view on global vehicle markets. George graduated from the University of Exeter with a First Class Honours degree in Politics, Philosophy and Economics.","https://www.linkedin.com/in/george-whitcombe-2320111b6/","EV and Battery","article","Influx of Chinese made EVs into Mexico, Brazil ahead of tariffs",[732],{"slug":733,"name":734},"ev","EV","private",{"id":49,"alt":49,"name":617,"focus":49,"title":49,"source":49,"filename":617,"copyright":49,"fieldtype":737,"meta_data":738},"asset",{},{"id":740,"alt":617,"name":617,"focus":617,"title":617,"source":617,"filename":741,"copyright":617,"fieldtype":737,"meta_data":742,"is_external_url":50},129066034804735,"https://a.storyblok.com/f/287943243085208/dbe7bd2242/bm-cars-in-a-grid-13194241845e.jpg",{},"The import of passenger car and light duty EVs (PC & LDV EVs) into Mexico increased to record levels in December 2025, with over 50,000 units imported. The spike in imports was driven by Mexico raising tariffs on vehicles from 20% to 50%","Apr 24, 2026","24th April 2026",[],[],1781107307122]