By Cassandra Garrison

MEXICO CITY (Reuters) -Chinese language electrical carmaker BYD (SZ:) has narrowed its listing of finalists for the situation of a producing plant in Mexico down to 3 states, and has obtained a spread of proposed incentives to construct in every, the agency’s nation head stated on Wednesday.

BYD’s Mexico head Jorge Vallejo advised Reuters that the incentives from states lined fiscal, land, administration and preferential pricing advantages. He declined to call which states have been finalists.

In April, Reuters solely reported that Mexico’s federal authorities had halted incentives to Chinese language electric-vehicle makers beneath strain from the USA.

BYD has beforehand stated that its Mexico plant is not going to serve the U.S. market.

Vallejo, talking after the revealing of BYD’s plug-in Music Professional hybrid SUV in Mexico, stated that the agency not but recognized which fashions could be produced on the Mexico plant.

BYD’s regional Americas chief Stella Li stated in Could that the plant could be “centrally positioned.”

Mexico’s northern Nuevo Leon state is an automotive hub, and set to be the situation of a proposed Tesla (NASDAQ:) mega-factory. It is going to even be house to a brand new Volvo (OTC:) plant, the state’s governor stated earlier this week.

In the meantime, the central Puebla state has lengthy housed manufacturing by Volkswagen (ETR:) , and BMW (ETR:) makes electrical automobiles within the close by San Luis Potosi.

BYD’s Music Professional will begin at 599,880 pesos ($31,146.42).

($1 = 19.2600 Mexican pesos)