BYD to set up $1 bn EV plant in Turkey, ensuring access to European markets

Image: Turkey Directorate of Communications

BYD, the world's largest electric car maker, has agreed to invest $1 billion to set up a manufacturing plant in Turkey, with a deal signed in Istanbul between Fatih Kacır Mehmet, T...

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Stellantis to invest €103 mn to support new EV platform

Image: Stellantis

Stellantis announced it would invest €103 million to increase production capacity of electric drive modules (EDMs) at its Szentgotthard plant, Hungary. The new capacity is expected...

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