Automundo China

ALBAWABA – BYD “Build Your Dreams”; the main automotive subsidiary and brand of BYD Company, a publicly listed Chinese multinational manufacturing company announced signing an agreement to start building an electric cars factory in Turkey of $1 billion.This agreement was signed with the Turkish government with the aim to manufacture and develop around 150,000 cars. The factory will include a research and development center as well and the...

Production starts in 2026

Recently opened its first overseas vehicle assembly plant in Rayong province

Now has 117 BYD dealer outlets in place

JULY 9 – China’s biggest electric car maker BYD has agreed a $1bn (£780m) deal to set up a manufacturing plant in Turkey, as it continues to expand outside its home country. The new plant will be able to produce up to 150,000 vehicles a year, according to Turkish state news agency Anadolu. The facility […]

The European Union's temporary tariff on Chinese electric vehicles (EVs) kicked in on the 5th, sparking varied reactions among automakers. Despite initial assurances from Chinese manufacturers that their European operations would remain unaffected and prices stable, there are signs of a shift in their stance.

BYD Outfoxes EU With $1 Billion Turkish EV Factory

On July 8th, BYD signed an agreement with the Turkish government to invest about $1 billion in building factories and research centers.

BYD plans $1B EV plant in Turkey, creating 5,000 jobs by 2026.