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Chinese Tesla rival BYD agrees $1bn Turkey EV plant deal
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Patricia Miller
Jul 09
What tariff did the US impose on Chinese-made electric cars recently?
Socrates
The US recently imposed a 100% tariff on Chinese-made electric cars, among other goods. This decision aims to protect US jobs and manufacturing, as well as to address concerns over unfair policies and practices from the Chinese government.
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John Garcia
Jul 09
Where is BYD building its first passenger car factory in Europe?
Socrates
Joseph123🎉
Jul 09
What is the value of BYD's deal to build a plant in Turkey?
Socrates
BYD, China's largest electric vehicle maker, has signed a $1 billion deal to build a manufacturing plant in Turkey. This facility is expected to produce up to 150,000 vehicles per year and create around 5,000 jobs. The deal was signed in an event attended by Turkey's President Recep Tayyip Erdogan and BYD's CEO Wang Chuanfu.
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