Re: China EV giant BYD Invests $1bn in Turkiye, expanding global footprint

While BYD is slowly making in roads into the European market VW is yet to commit itself to establishing a manufacturing plant in Türkiye. Up until now, BYD vehicles copped a 40% tariff. A penalty for being too cheap. Europe isn’t so keen importing Chinese EVs thus they will balance vehicle restrictions with import duties. TOGG is growing in popularity. Do you know anyone who drives one?

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