Headline: China's BYD Signs $1 Billion Deal for Turkey EV Plant Amid Global Expansion
Caption:
China's BYD signs a $1 billion agreement to establish a manufacturing plant in Turkey, BBC News reports. The new plant will produce up to 150,000 vehicles annually, according to Turkish news site Anadolu. The facility is expected to create around 5,000 jobs and start production by the end of 2026. The deal was signed in Istanbul, attended by President Recep Tayyip Erdogan and BYD's CEO Wang Chuanfu.
Keywords: China,BYD,Signs,Billion,Deal,Turkey,EV,Plant,Amid,Global,Expansion,Electric Vehicle,CEO,Wang Chuanfu,President,Turkish,Erdogan,Recep Tayyip Erdogan,Fees,EU,European Union,Automobile,Industry,Manufacturing,Jobs,Vehicles,Cars,Tech,Digital Rights Only
PersonInImage: