Etiqueta: turkey

BYD's flexible pricing strategy, expansion into new markets, and development of luxury and plug-in hybrid vehicles position it for long-term success. See more here.

12 Jul 2024 - Chinese EV giant BYD is in the process of establishing an international network of plants and distribution facilities to circumvent the steep tariffs planned by the US and the European Union.

BYD reached an agreement with the Turkish government to invest $1 billion in building an electric and plug-in hybrid vehicle factory in the region. The new factory is set to start production by the end of 2026. It will have an annual production capacity of 150,000 vehicles, making it the first foreign-owned Electric Vehicle (EV) plant in Turkey.

This expansion isn't just about growth, it's also a strategic play for BYD to go global

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

BYD’s Bold Move: Ramping Up the Quest for Global EV Dominance

BYD, the prominent Chinese automotive manufacturer, has unveiled ambitious plans to establish Turkey as a key hub for its future technological advanc

BYD signed a deal to open a $1 billion electric vehicle factory in Turkey, directly threatening Tesla's dominance in several European markets. The new factory in Turkey will have an

BYD, China's largest electric vehicle (EV) maker, is to setup a manufacturing plant in Turkey, as EU tariff talks falter

Successfully globally increasing BYD's confidence to continue to expand its expansion, including increasing competition with Tesla to earn the title of world's largest battery electric vehicle maker.