Etiqueta: Europe

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

China’s BYD, the world’s largest electric vehicle (EV) producer, has signed a deal with Türkiye’s industry and technology ministry to build a $1 billion factory in the country with a capacity for manufacturing 150,000 vehicles. The investment will also include a mobility and research and development (R&D) center. The BYD Türkiye factory is expected to […]

BYD plans to open a $1 billion factory in Turkey that is expected to begin production by the end of 2026.

Hong Kong (CNN) — China’s BYD, which vies with Tesla for the title of the world’s top maker of battery electric vehicles, has agreed to build a $1 billion car factory in Turkey, the Turkish government has announced.

By Fulya Ozerkan China’s electric vehicle giant BYD on Monday signed a one-billion-dollar agreement with Turkey to open a plant in the country in a move that would help it dodge new EU tariff…

BYD Outfoxes EU With $1 Billion Turkish EV Factory

BYD, backed by Warren Buffett's Berkshire Hathaway, has announced plans to invest $1 billion in the construction of an EV plant in Turkey.

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BYD has reached a deal with the Turkish government to build a $1 billion electric vehicle plant in the country, part of the European Union’s Customs