BYD Turkey
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BYD to delay mass production at Hungary plant while moving up production at Turkey plant, report says
BYD will delay mass production at its Hungarian EV plant until 2026 and will operate the plant below capacity for at least the first 2 years, according to Reuters.
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BYD to build $1 billion EV plant in Turkey, production to start by end of 2026
BYD's Turkish plant has a planned annual capacity of 150,000 vehicles, and the signing was witnessed by the Turkish president.
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BYD to reach deal with Turkey for $1 billion EV plant, report says
The new plant could give BYD easier access to the European Union, with which Turkey has a customs union agreement, said a Bloomberg report.
