Recently officially announced BYD Türkiye automobile factory, As it became clear today, it will be established in Manisa.
The other day, 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 Work Office with the participation of Recep Tayyip Erdoğan. Within the framework of the agreement made BYD is expected to establish an electric and plug-in hybrid car production facility with an annual capacity of 150,000 vehicles and an R&D center for sustainable mobility technologies in Turkey with an investment of approximately 1 billion dollars.. The facility, which is planned to start production at the end of 2026, is planned to provide direct employment for up to 5 thousand people. 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.
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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.”