China’s BYD to build $1 billion EV factory in Turkey to supply Europe

China’s BYD to build $1 billion EV factory in Turkey to supply Europe
BYD subsidiary reportedly set to supply Tesla Shanghai Megafactory with battery cellsBYD has reached a deal with the Turkish government to build a $1 billion electric vehicle plant in the country, part of the European Union’s Customs Union, a move that would allow the Chinese EV giant to export vehicles to the bloc without additional tariffs. Scheduled for operation by 2026, with roughly 5,000 new jobs […]

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