Why is Chinese EV giant BYD moving into Turkey? episode artwork

EPISODE · Aug 22, 2024 · 17 MIN

Why is Chinese EV giant BYD moving into Turkey?

from Business Daily · host BBC World Service

We’re in Manisa on Turkey’s west coast. It’s one of the country’s manufacturing centres for home appliances like washers, dryers, and refrigerators. But soon, thanks to a $1bn investment deal, it will also be a local factory hub for China’s BYD - the world’s second biggest maker of electric vehicles. The Turkish government is desperate for international investment to turn around its economy, and the region would benefit from 5,000 jobs. China is keen to get another foothold into the European market. So is it win-win?Produced and presented by: Victoria Craig(Image: BYD vehicles in Istanbul as the Chinese automotive giant announced a huge factory investment. Credit: Getty Images)

Episode metadata supplied by the publisher feed · Published Aug 22, 2024

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Why is Chinese EV giant BYD moving into Turkey?

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