Saydam

Chinese carmaker BYD, which plans to build a factory in Türkiye, has been holding talks with auto part suppliers across the country, according to Albert Saydam, the president of the Automotive Suppliers' Association (TAYSAD).

BYD's planned production plant and R&D center is the first foreign investment in the Turkish automotive sector in 27 years.

The reverberations continue from the world's largest electric vehicle manufacturer BYD choosing Türkiye for its investment after Hungary. This investment, the first of its kind in 27 years, is expected to have a ripple effect on other Chinese manufacturers who have long been in talks with Türkiye.