Etiqueta: exports

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.

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 makes record sales in Q2 2024

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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

The facility encompasses processes of stamping, painting, welding, final assembly, and producing car components.

The new factory in Rayong, south of Bangkok, was built in just 16 months and has an annual production capacity of 150,000 vehicles.

Chinese automaker BYD has inaugurated its first electric vehicle plant in Thailand, part of the company's effort to expand into Southeast Asia while also tackling wealthier markets in the U.S. and Europe

BYD Launches EV Plant in Thailand, Bolstering Presence in SEA

BYD Co. leads in China's electric-vehicle stocks with a new plug-in hybrid drive system, while competitors like Li Auto Inc., Xpeng Inc., and Nio Inc. face heavy losses..The latest BYD tech allows vehicles to travel over 2,000 km without recharging.