China EV manufacturer BYD in deal for $1-bln plant in Turkey, Anadolu reports-February 2024-www.financetom.com

China EV manufacturer BYD in deal for $1-bln plant in Turkey, Anadolu reports

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China EV manufacturer BYD in deal for $1-bln plant in Turkey, Anadolu reports

Jul 8, 2024 7:31 AM

ISTANBUL, July 8 (Reuters) - Chinese electric vehicle

manufacturer BYD Co Ltd signed a deal with the

Turkish government to build a $1-billion production plant in

Turkey with a capacity of 150,000 vehicles, state-run Anadolu

news agency said on Monday.

Turkish President Tayyip Erdogan attended the signing

ceremony for the plant, which would include a mobility and R&D

center, Turkey's Anadolu said.

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