Etiqueta: toyota

Chinese automotive giant BYD’s recent investment in Türkiye will encourage more Chinese manufacturers to invest in the country, the Chief Executive...

Tesla's rival BYD has signed an agreement with the Turkish Government to build a major EV production plant in the country.

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

BYD Outfoxes EU With $1 Billion Turkish EV Factory

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 (BYDDY) agrees to buy a 20% stake in Rever to consolidate its presence in the Southeast Asia auto market and to enhance its competitiveness in Thailand's auto industry.

China's BYD will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest market outside of China where it is an electric vehicle market leader, the companies said Saturday. The Shenzhen-based automaker opened its first factory in Southeast Asia in Thailand this week. Rever Automotive, which has over 100 showrooms in Thailand, launched the sale of BYD vehicles in 2022 and BYD soon became the country's top-selling EV brand.

China's BYD acquires 20% stake in Thai dealer Rever Automotive

Chinese electric vehicle (EV) giant BYD has officially launched its first manufacturing facility in Southeast Asia. The state-of-the-art plant, located in Thailand, marks a pivotal moment in the company's international expansion strategy and further cements its position as a dominant force in the region's burgeoning EV market.