Chinese Tesla rival BYD agrees $1bn Turkey EV plant deal
Source: BBC
China's biggest electric car maker BYD has agreed a $1bn (£780m) deal to build a manufacturing plant in Turkey, as it continues to expand outside its home country.The new plant will be capable of making up to 150,000 vehicles a year, according to Turkish state news agency Anadolu.The facility is expected to start production by the end of 2026 and create around 5,000 jobs.The deal was signed at an event in…
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