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China's BYD, world's biggest EV maker, invests $1B in Turkish plant

China’s BYD, world’s biggest EV maker, invests $1B in Turkish plant

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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.
China's BYD will sidestep tariffs by making EVs in Turkey

China’s BYD will sidestep tariffs by making EVs in Turkey

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The company says it will begin work on a $1 billion factory in the country in 2026
BYD to invest EUR 1 billion in electric vehicle factory in Turkey

BYD to invest EUR 1 billion in electric vehicle factory in...

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Chinese BYD, one of the world's largest electric vehicle producers, signed an agreement with Turkey's Ministry of Industry and Technology
World's largest EV producer BYD to build $1 billion factory in Türkiye

World’s largest EV producer BYD to build $1 billion factory in...

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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 […]
China's electric vehicle giant BYD to open factory in Turkey

China’s electric vehicle giant BYD to open factory in Turkey

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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…
China's BYD Signs Deal To Open Electric Car Plant In Turkey

China’s BYD Signs Deal To Open Electric Car Plant In Turkey

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China's electric vehicle giant BYD on Monday signed an agreement with Turkey to open a plant in the country in a move that would help it dodge new EU tariffs.
BYD expected to build €1bn EV plant in Turkey - Global Construction Review

BYD expected to build €1bn EV plant in Turkey – Global...

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Turkish officials anticipate an agreement with Chinese EV and battery maker BYD to build a $1bn plant near Izmir in the west of the country, Automotive News Europe reports.
BYD record sales in Q2 2024 - Just Auto

BYD record sales in Q2 2024 – Just Auto

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BYD makes record sales in Q2 2024
Europe officially slaps tariffs on Chinese EVs in the biggest EU trade case yet

Europe officially slaps tariffs on Chinese EVs in the biggest EU...

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Here are some basic facts about the EU's planned customs duties.
BYD opens 150,000 units-per-annum plant in Thailand

BYD opens 150,000 units-per-annum plant in Thailand

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BYD has inaugurated its new Thailand plant as well as produced its eight-millionth new energy vehicle in Rayong, Thailand, marking two