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China discourages local automakers from building EV plants overseas

Teslarati

China’s Ministry of Commerce discouraged Chinese automakers from investing overseas. In July, the Ministry of Commerce told Chinese automakers not to invest in India and “strongly advised” against investments in Russia and Turkey. It also mentioned risks in building car manufacturing factories in Europe and Thailand.

China 122
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BYD poised to build $1 billion EV plant in Turkey amid rising trade tensions

Baua Electric

By: Bloomberg | Updated on: 07 Jul 2024, 08:12 AM Turkey is set to unveil an agreemeent with BYD Co. to build a one billion dollar plant that will improve the Chinese EV maker's access to the European bloc amid rising trade tensions --> Turkey is set to unveil an agreemeent with BYD Co.

Turkey 52
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BYD is building a massive $1 billion EV plant in Turkey as global expansion accelerates

Baua Electric

BYD signed a deal to build a massive $1 billion EV plant in Turkey on Monday. Turkey’s President, Recep Tayyip Erdogan, is expected to officially announce the deal on Monday. Update 7/8/24 : BYD signs the deal for its new EV plant in Turkey, creating up to 5,000 jobs and a new foothold in Europe.

Turkey 52
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BYD closes in on huge $1 billion EV plant in Turkey as global expansion accelerates

Baua Electric

BYD is closing in on a deal to build a massive $1 billion EV plant in Turkey. Turkey’s President, Recep Tayyip Erdogan, is expected to officially announce the deal on Monday. BYD’s new plant could help it overcome the potential impacts of new EU tariffs on Chinese EV imports. on electric cars from China.

Turkey 52
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More Proof That Tariffs On China's EVs Won't Work Forever

InsideEVs

Facing tariffs from the European Union, Chinese giant BYD is just building a factory in Turkey instead. Plus, Honda banks on EV growth.

Turkey 74
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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Other markets seeing $3 billion-plus totals included Taiwan, Australia, South Korea, Poland, Chile, Turkey and Sweden. billion, Vietnam 89% higher at $7.4

2020 259
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Electric Car Companies Push Back Against Restrictive Trade Policies

CleanTechnica EVs

The world of electric car manufacturing is expanding, as Chinese companies build new factories in more countries. The post Electric Car Companies Push Back Against Restrictive Trade Policies appeared first on CleanTechnica.