BYD gets the green light for EV plant in Turkey despite ‘risks’ overseas
Baua Electric
SEPTEMBER 12, 2024
2024 (Source: BYD) With the US and Europe imposing higher tariffs on EVs imported from China, Chinese automakers are investing in Thailand, Southeast Asia, and South America. After topping Honda and Nissan in Q2, BYD became the seventh-largest automaker globally. BYD’s new EV plant in Thailand opened on July 4.
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