Etiqueta: EU

China's BYD Co. will build an electric vehicle manufacturing facility in Turkiye and expects this to improve its position in the European market, Azernews reports.

In a post on the social media platform X on Monday, Turkey’s Vice President Cevdet Yilmaz confirmed that BYD is expected to begin production of vehicles in the new factory at the end of 2026 and that the facility will provide around 5,000 direct jobs.

This country has betrayed us, and now BYD has broke into America to sink Tesla: Experts are worried about what can happen from now on

China’s largest electric car manufacturer BYD has signed a $1bn deal to build a manufacturing plant in Turkey,

On Monday, BYD Company Limited (OTC: BYDDY) signed a deal to open a $1 billion electric-vehicle factory in Turkey, directly threatening the dominance of Tesla Inc (NASDAQ: TSLA) in several European markets. BYD Is Boosting Its Presence In Europe Although BYD has already been selling its EVs in Europe since 2021, most of its sales are still in China, but the Tesla killer is aggressively expanding its footrpint outside its home market. This will be its second facility in Europe, with the first cur

A popular Chinese brand could soon overtake Tesla to claim the coveted battery electric vehicle crown as Elon Musk's brand struggles with waning sales. New research from Bloomberg Intelligence's Global BEV Report 2024 suggested that Tesla's longer-term success is dependent on the unveiling of a cheap, high-volume vehicle - rumoured to be the Model ...

The company says it will begin work on a $1 billion factory in the country in 2026

Chinese automaker BYD announced it is building a $1 billion car factory in Turkey.

The EU cannot afford to stay divided on its green industrial policy. Instead, the next European Commission should spearhead a common and credible approach to ensure the bloc catches the next green…

BYD Agrees $1 Billion Tariff-Dodging Car Plant in Turkey