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…

BYD scraps its $1B Türkiye EV factory after 18 months of zero construction, redirecting European production strategy to its multi-billion-euro Hungary

Chinese automaker BYD has put a factory it planned to build in Türkiye on hold while it focuses on production in Europe, a top executive said on Tuesday....