BYD and Uber sign major global partnership

BYD and Uber sign major global partnership


Chinese automobile giant BYD and Uber, a major name in the transportation sector, announced today that they have established a long-term partnership. announced.

Uber And BYD, They have come together in a multi-year strategic partnership with Uber, aiming to bring at least 100,000 new BYD electric vehicles to Uber’s ride-sharing platforms in key global markets. The partnership, which initially focuses on Europe and Latin America, will provide drivers with: More affordable prices will be offered for BYD vehicles purchased for use on Uber platforms, and special financing support will also be provided. In the press release, it was also announced that the two companies will conduct joint R&D studies. Accordingly, Uber’s car-hailing platform The duo will develop special vehicles that can travel autonomously, that is, without a driver, aims to accelerate the electric vehicle transformation globally. BYD is on the agenda these days with its factory to be opened in Turkey. Last week, the Chinese automotive giant BYD The signatures were made by Minister of Industry and Technology Mehmet Fatih Kacır and BYD Chairman Wang Chuanfu at the Presidency Dolmabahçe Labor Office, with the participation of Recep Tayyip Erdoğan. Within the scope of the agreement, BYD is expected to establish an electric and rechargeable hybrid automobile production facility with an annual capacity of 150 thousand vehicles and an R&D center for sustainable mobility technologies in Turkey with an investment of approximately 1 billion dollars. The facility, which is expected to start production by the end of 2026, is planned to provide direct employment for up to 5 thousand people.

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In the statement made by BYD on this issue, “Thanks to Turkey’s unique advantages such as its developing technology ecosystem, strong supplier base, exceptional location and qualified workforce, BYD’s investment in this new production facility will further develop the brand’s local production capabilities and increase logistics efficiency. We aim to reach consumers in Europe by meeting the increasing demand for new energy vehicles in the region.” expressions were used.

So where will BYD’s first factory in Turkey be? BYD Türkiye General Manager İsmail Ergün, the company’s investment decisions Bloomberg evaluated it for HT. Ergün said the following about the important development: “It will be an investment that will provide employment for over 5,000 people. An investment of around 1 billion dollars is being considered. There is a capacity of 150 thousand; but this capacity should be considered as the initial capacity. This capacity will expand later. The location was determined as Manisa. There will also be a very serious technology transfer to Turkey. BYD is a very fast company, it has a very vertical production system. It produces everything except glass and rubber. From the moment it decides, it can do these very quickly.

Therefore, efforts will be made to bring forward the end of 2026, which is written in the agreement. My belief and BYD Global’s goal is to bring forward the production date a little bit. The models we will order today may arrive in November-December. We are working to have the production in the factory before the last quarter of 2026. The models to be produced in the facility are not clear, they may be both electric and hybrid vehicles. BYD will enter Turkey very strongly. The current balance will change. I can say that BYD investment has paved the way for other brands.”

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