Etiqueta: turkey

As the EU implements increased tariffs on Chinese EVs, Beijing-backed automaker BYD is reportedly building a new $1 billion plant in Turkey.

Turkey will soon unveil an agreement with BYD Co. to construct a $1 billion plant in the west of the country, Turkish officials said, boosting the Chinese carmaker’s presence in Europe at a time of escalating trade tensions.

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.

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

Euro 2024 fans searching for sponsor “BYD” accidentally land at an X-rated website.

China’s BYD is leading a pack of electric vehicle (EV) manufactur­ers that are taking the world by storm. Not only have they over­taken their

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New import duties will drive up the cost of Chinese cars sold in Turkey. Authorities want to protect domestic brands and convince Chinese manufacturers to build factories in the country.