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China’s BYD Signs Deal to Open Electric Car Plant in Turkey


China’s electric vehicle giant BYD on Monday signed a one-billion-dollar agreement with Turkey to open a plant in the country in a move that would help it dodge new EU tariffs.

The signing ceremony in Istanbul between BYD’s CEO Wang Chuanfu and Turkey’s industry and technology minister Fatih Kacir was overseen by President Recep Tayyip Erdogan.

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The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.


A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.


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