Etiqueta: Industry

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…

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 […]

Chauhan, who has worked in Honda Cars India and Volvo Car India on earlier stints, will spearhead the overall electric passenger vehicle business of BYD India.

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…

Production starts in 2026

Now has 117 BYD dealer outlets in place

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.