worldwar
Registered Member
It is business decision.The BYD factory was being built before and Turkey gave tax breaks, but then BYD pulled out after the Chinese govt told them to stop(It wasn't Turkey specific), then they got a deal to build in Hungary so they never resumed work again. So all those tax breaks were for nothing.
Türkiye’s biggest advantages are its lower costs compared with the EU, and its customs union with the EU.
However, the EU begins to draw a clear distinction between “Made in the EU” and “Made in Türkiye,” Türkiye’s value as a manufacturing gateway to Europe for Chinese automakers will decline significantly.
The EU and Türkiye are competing to attract the relocation of China’s electric-vehicle technology and industrial supply chain. Meanwhile, the Turkish government is acting very hypocritically, stoking nationalist sentiment among the Turkish public to divert attention from the real underlying conflict.
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