HomeWorldTurkey in ‘final stages’ of plant talks with Chery - report -...

Turkey in ‘final stages’ of plant talks with Chery – report – Just Auto

Date:

Related stories

spot_imgspot_img

Chery is reported to be in the final stages of talks with the Turkish authorities over investment in Turkey.

Turkey’s low costs and customs union with the EU make it an attractive option for Chinese OEMs seeking to avoid future punitive EU tariffs applying to BEVs shipped from China.

According to a Reuters report, an anonymous Turkish official confirmed the talks but did not specify any further details.

The report also said Turkey’s President Tayyip Erdogan had met Chery International President Guibing Zhang in Ankara at the weekend.

In July, BYD agreed with the Turkish government to build a US$1bn production plant in Turkey with annual capacity for 150,000 vehicles.

Access the most comprehensive Company Profiles
on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free
sample

Your download email will arrive shortly

We are confident about the
unique
quality of our Company Profiles. However, we want you to make the most
beneficial
decision for your business, so we offer a free sample that you can download by
submitting the below form

By GlobalData







Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.


- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img