just nowNikkei AsiaTurkey has suspended BYD's import tax exemptions and said incentives must be repaid if a USD 1 billion factory commitment is not fulfilled. The 2024 deal has seen no construction start, while BYD said the Turkey project is on hold while it prioritizes a Hungary plant. Turkish sales fell to 152 units in May from 3,866 in January.
Turkey suspends BYD perks, warns repayment
Turkey has suspended BYD's import tax exemptions and said incentives must be repaid if a USD 1 billion factory commitment is not fulfilled. The 2024 d…










