Etiqueta: turkey

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

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.

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

The industrial park, which is adjacent to the Xiaomo Port, has already put into production the first phase of components and the second phase of vehicles.

The industrial park, which is adjacent to the Xiaomo Port, has already put into production the first phase of components and the second phase of vehicles.

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.