BYD to Open Electric Car Factory in Europe!

Electric car company BYD took action to open a factory in Europe. The company’s production in Europe, which is still in search of a location, will affect us seriously and we will be able to see electric cars in Turkey at the price of Egea and Clio. So how? Let’s explain…

One of the world’s largest electric car companies BYD There has been a remarkable development. A BYD spokesperson, who gave an interview to the newspaper CarNewsChina, announced that the company has rolled up its sleeves to produce electric cars in Europe. According to the statement, the company is preparing for the first electric car factory in Europe. location quest in.

As a matter of fact, this is not the first time that BYD has announced its production plans in Europe. In fact, in the statements made in December 2022, the company’s presence in Europe more than one It may have been a factory. In addition, the company had a factory in France that produced electric buses in the past years. However, when there is not enough demand, the factory was closed.

France is one of the prominent names in the new factory

Speaking to CarNewsChina, a BYD spokesperson declined to name the country. However, there have been some developments in this regard in the recent past. French governmentannounced that it was negotiating with BYD for the factory a short time ago. Industry sources say that Spain and Germany are also on the table. What about Türkiye? Vehicles from China for Government Togg 40 percent additional customs duty The probability of BYD opening a factory in Turkey is quite low.

RELATED NEWS

Cheapest Electric Cars in Turkey: Non-Millionaires Can’t Buy Electric…

Even if the factory is not in Turkey, it will be useful for us too!

BYD has already announced its future to Turkey. announced. However, the 40 percent additional customs tax we have just mentioned, President’s Decisionincreases the prices of electric vehicles imported from China to Turkey by hundreds of thousands of TL. This is not the case for vehicles produced in Europe. At this point, Turkey’s advantage emerges. BYD will not face additional customs duty when it brings the cars that it will sell in Turkey from Europe instead of China. In this way Egea with electric cars at Clio price We will have a chance to meet.

Leapmotor T03, the cheapest electric car in Turkey, would have been at least 200 thousand TL cheaper if it had come from Europe instead of China.

RELATED NEWS

Disappointing Statement About Turkey’s Cheapest Electric Car: “It Would Have Been 200 Thousand TL Cheaper Without Additional Taxes”

Source :
https://www.electrive.com/2023/05/25/byd-eyes-european-locations-for-electric-car-plant/


source site-38