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Chinese EV manufacturer BYD partners with Forvia, new factory in Türkiye

Chinese EV manufacturer BYD partners with Forvia, new factory in Türkiye Visitors look at a BYD Seal electric car presented at the Paris Motor Show at Paris Expo Porte de Versailles in Paris on October 15, 2024. (AFP Photo)
By Newsroom
Oct 21, 2024 3:27 PM

Chinese automotive giant BYD has selected Forvia, one of the world’s largest automotive suppliers, to support its upcoming factory in Türkiye, set to produce electric and hybrid vehicles. The factory, located in Manisa, marks a major step in BYD’s European expansion.

Forvia to supply key components for electric vehicles

Forvia, based in France, will provide a range of products including interior solutions, safety and lighting systems, and sustainable composite parts for the vehicles produced at BYD’s new facility. Forvia already serves as a key supplier for BYD’s operations in Hungary and will now expand its role in Türkiye.

Chinese EV manufacturer BYD partners with Forvia, new factory in Türkiye
BYD electric cars waiting to be loaded on a ship are stacked at the international container terminal of Taicang Port at Suzhou Port, in China’s eastern Jiangsu Province, Sept.11, 2023. (AFP File Photo)

BYD’s $1 billion investment and 5,000 jobs

BYD’s investment in Türkiye was formalized in July 2023 through an agreement with Türkiye’s Ministry of Industry and Technology, spearheaded by President Recep Tayyip Erdogan. The facility in Manisa will represent a $1 billion investment, with plans to manufacture 150,000 electric and hybrid vehicles annually and provide 5,000 jobs.

Chinese EV manufacturer BYD partners with Forvia, new factory in Türkiye
Officials from the Chinese company BYD, which will establish an electric and rechargeable hybrid car production facility and R&D Center in Manisa, visited the city. On the other hand, the area where the factory is planned to be built was photographed from the air. (AA Photo)

Construction timeline and production plans

The Environmental Impact Assessment (EIA) process for the factory began in October 2023, and construction is expected to start in 2025, with production commencing by the first quarter of 2026.

The facility will include various production lines such as battery assembly, motor production, and other key components necessary for electric vehicle manufacturing.

Last Updated:  Nov 18, 2024 3:07 PM