Etiqueta: thailand

Chinese EV maker BYD is set to sign a $1 billion deal with Turkey for a manufacturing plant in Manisa province. President Recep Tayyip Erdogan will announce the agreement on Monday. The new facility aims to enhance BYD's access to the EU market.

Among the key news on Hong Kong stocks, BYD Co. Limited (HK:1211) is reportedly facing criticism in Thailand over huge discounts on its EV models. As reported by Re...

BYD reportedly faces scrutiny in Thailand over pricing issues. In another development, Denza, the premium brand of BYD, has reportedly unveiled interior details of the Z9GT, a new model that is expected to go on sale at the end of the year.

BYD is closing in on a deal to build a massive $1 billion EV plant in Turkey. The news comes...

The new plant could give BYD easier access to the European Union, with which Turkey has a customs union agreement, said a Bloomberg report.

(Bloomberg) -- Turkey will soon unveil an agreement with Chinese electric-car maker BYD Co. for the construction of a $1 billion plant in the west of the country, Turkish officials said.Most Read from BloombergKamala Harris Is Having a Surprise Resurgence as Biden’s Campaign UnravelsBiden’s Fourth of July Shrouded by Pressure to Drop 2024 BidSingapore Couples Are Marrying Earlier to Buy Homes, Leading Some to RegretSingapore Is Making Life Tougher for Global TalentNewsom Shocks California Politi

BYD announced the inauguration of its Thailand plant and the production of its 8 millionth new energy vehicle in Rayong, Thailand, marking two milestones in the com...

Thailand's consumer protection agency has received about 70 complaints since initiating a probe into aggressive discounting by BYD dealers that has left some buyers feeling they overpaid for their Chinese electric vehicles. Prime Minister Srettha Thavisin told BYD Chief Executive Wang Chuanfu, who was in Thailand to mark the opening of its first Southeast Asian factory this week and paid a courtesy call to the premier on Friday, to better manage customer expectations about pricing and ensure local buyers were protected. Wang gave assurances that future pricing would be appropriate and affected customers would receive support, according to a government spokesman.

BYD's steep EV discounting in Thailand sparks backlash, PM seeks assurances