Chinese EV Giant BYD to Unveil Plug-In Hybrid Pickup in Mexico

(Bloomberg) — BYD Co. Ltd., the leader in electric vehicles (EVs) in China, plans to debut its first truck in Mexico, next door to the world’s largest pickup market.

BYD is set to unveil its Shark plug-in hybrid truck Tuesday at an event in Mexico City, the company said in an agenda alert issued ahead of the event. While BYD has said previously the Shark will be distributed globally, the automaker doesn’t have any plans to sell in the U.S. — the biggest single market for pickups — at the moment.