Beijingwalker
Elite Member
- Nov 4, 2011
- 74,393
- 103,400
- Country of Origin
- Country of Residence
Turkey Expected to Unveil $1 billion EV Plant With China’s BYD
Jul 06, 2024 03:31 AM![172020771906692.jpg](https://img.caixin.com/2024-07-06/172020771906692.jpg)
(Bloomberg) — Turkey will soon unveil an agreement with Chinese electric vehicle (EV) maker BYD Co. Ltd. for the construction of a $1 billion plant in the west of the country, Turkish officials said.
Recep Tayyip Erdogan, the Turkish President, is expected to announce the deal on Monday during a ceremony in the central Turkish province of Manisa, where the plant will be built, the officials said. BYD, China’s best-selling EV brand, and the Turkish presidency declined to comment.