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Minister of Industry and Technology Announced: Chery and BYD Plan to Open a Factory in Turkey!

  • May 17, 2024
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An important statement about the agenda came from the Minister of Industry and Technology, Mehmet Fatih Kacır. Speaking to Bloomberg, Kacır said that Chinese auto giants BYD and

Minister of Industry and Technology Announced: Chery and BYD Plan to Open a Factory in Turkey!

An important statement about the agenda came from the Minister of Industry and Technology, Mehmet Fatih Kacır. Speaking to Bloomberg, Kacır said that Chinese auto giants BYD and Chery are coming to Turkey. you can invest told. According to Bakar Kacır’s statement during the meetings meaningful progress is provided.

According to Mehmet Fatih Kacır, who says that Chinese brands mainly want to grow in Europe, Turkey wants Customs Union Being a member increases the chances of our country. However, Minister Kacır stated that companies are also in talks with several countries. general evaluations He said it would be done.

There is more!

Auto investments from China to Turkey

According to Mehmet Fatih Kacır’s statement, negotiations are underway with BYD and Chery advanced. However, the government is in talks with two more companies. One is MG and the other is Great Wall Motor. However, as far as we know, negotiations with these two companies are still at an early stage. In the meantime; Cheries in Spain Let’s say he announced he was setting up a production facility. However, Minister Kacır does not see this as an alternative for Turkey.

Opening a car factory in Turkey, regardless of the country of origin an important development. Such investments not only provide a lot of employment, but are also beneficial for the new car market in our country. Just as brands like Fiat and Renault can offer more accessible vehicles today, a similar situation will arise when they open factories in Turkey. for other companies will also occur. However, in order to achieve this, investments must be certain.

Source: Web Tekno

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