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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Daily Shorts: Portugal readies offshore wind auction, Thailand crops EV subsidy, and more

Thailand has approved a new subsidy package for the country's booming electric vehicle industry, but decreased individual subsidy amount by 33 percent, citing strong momentum in th...

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Amid EV shift, Japanese could lose Thai auto market to China

Southeast Asia's largest automotive hub is gearing up for a China-Japan clash, market analysis shows. Chinese electric vehicle companies are heading into Thailand, and have so far ...

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