BYD will delay mass production at its Hungarian EV plant until 2026 and will operate the plant below capacity for at least the first 2 years, according to Reuters.
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Category: BYD Turkey
Chinese automotive giant BYD will start manufacturing passenger cars in Turkey in 2026 to avoid additional import duties.
The post BYD will start making cars in Turkey in 2026 thanks to 1-billion USD project appeared first on CarNewsChina.com.
BYD's Turkish plant has a planned annual capacity of 150,000 vehicles, and the signing was witnessed by the Turkish president.
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The new plant could give BYD easier access to the European Union, with which Turkey has a customs union agreement, said a Bloomberg report.
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