Etiqueta: Tariffs

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The factory will produce 150,000 electric and hybrid vehicles annually, part of a move that could bolster the Chinese automaker’s foothold in Europe

BYD will set up $1bn EV plant in Turkey as per Turkish government officials. The official announcement will be made by the Turkish President.

Chinese electric vehicle maker BYD has reached an agreement with the Turkish government to construct a $1 billion production plant in Turkey capable of producing 150,000 vehicles annually.

The plant is expected to improve BYD’s “logistical efficiency” as it aims to reach European customers

After announcing the construction of a state-of-the-art production unit in Hungary, BYD revealed this Monday that it has signed an agreement with the Turkish government for the construction of a Chinese BYD electric vehicle factory for the opening of a factory in Turkish territory. The agreement, now signed in Istanbul by the Turkish Minister of […]

BYD signed a deal to build a massive $1 billion EV plant in Turkey on Monday. The news comes after...

China's electric vehicle giant BYD on Monday signed an agreement with Türkiye's industry and technology ministry to open a plant in the country, the government announced.

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.