Etiqueta: turkey

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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, the world's largest electric car maker, has agreed to invest $1 billion to set up a manufacturing plant in Turkey, with a deal signed in Istanbul between Fatih Kacır Mehmet, Turkey's Minister of Industry and Technology, and BYD Chairman Wang Chuanfu in a ceremony attended by Turkey's President Recep Tayyip Erdogan. The Turkish state news agency Anadolu reported that the plant, which will start production by the end of 2026, would have capacity to produce up to 150,000 EVs a year.

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

Adding to its arsenal of low-cost electric cars, BYD launched its updated 2025 Dolphin EV on Monday. The new Dolphin...

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 will open a factory in Turkey