TR Industry, Science and Technology

[Ripley]

Some reporter say the EV technology control of goverment is the main reason.
The other reason is the rare earth cooperation between turkey and US, BYD has many patents related to mineral refining, and some people are concerned that technology transfer could serve NATO.
Of course, these claims are unsubstantiated and based only on hearsay. It's more likely that BYD simply doesn't have enough manpower, and the Hungary factory is just closer to Europe.

BYD has almost completed its first European based plant in Hungary and already looking for the second one. Everybody say it’ll be Italy or Spain. So, we can comfortably dismiss NATO as a strategic excuse since all the mentioned countries are NATO members to begin with.

I‘ve seen some Turkish auto industry experts opinions on social media where they suggest that Turkish manufacturing costs are well above Hungary. IF true, that’s a more logical explanation. VW and Toyota had already left Turkey long time ago. One European and one Japanese and now a Chinese company.
It’s not really easy to explain all these departures on political grounds.

 

[myNameJeff-17]

BYD has almost completed its first European based plant in Hungary and already looking for the second one. Everybody say it’ll be Italy or Spain. So, we can comfortably dismiss NATO as a strategic excuse since all the mentioned countries are NATO members to begin with.

I‘ve seen some Turkish auto industry experts opinions on social media where they suggest that Turkish manufacturing costs are well above Hungary. IF true, that’s a more logical explanation. VW and Toyota had already left Turkey long time ago. One European and one Japanese and now a Chinese company.
It’s not really easy to explain all these departures on political grounds.

Toyota are currently operating a factory in Turkey as we speak.

Toyota’s European Manufacturing Plants | Toyota Europe

Nine Toyota European manufacturing plants in seven countries build nine different models as well as the required engines and transmissions.

www.toyota-europe.com

Volkswagen is struggling to stay profitable and never had a factory in Turkey to begin with. VW Group has been fumbling the bag, don't ask about Audi's and especially Porsche's profit margins

And if you look at BYD's sales in Europe it's obvious why they didn't go through.
Their sales in Europe in 25 stand at a meager 188k - meager for BYD's stated goal of wanting to become the world's biggest automaker.
They already have what people call "overproduction" in China and are looking to export. Hungary is producing Dolphin surfs (B segment) right now. it makes no sense for byd to open another factory in The European Customs Union. They screwed over the Turkish state with this though. If I were to buy a car in Turkey today, id go with a Toyota for Hybrids/ICE or Togg for EVs (the latter out of patriotism. if I had no soul it'd be a Tesla.)

The cars seem to be good quality, and they are significantly more affordable than western-made EV's. They will probably do well when they come to Canada.

There's a bit of noise in that article I think in terms of the reasons provided, I don't think the decision is political having to do with the Uyghurs or air defence systems.... This is treated as a side note but it really is more convincing as to why there is pivot:

Turkey is part of the Made in Europe initiative though. On top of being in the ECU that is. No idea why Ragip refers to an article from prior to this announcement though

https://www.aa.com.tr/en/economy/inclusion-of-turkiye-in-made-in-europe-scope-secures-mutual-investments-trade-minister-says/3856451

As far as Chinese cars go in general - the Chinese keep their best stuff in their own market. For example, he byd han L has been in China for over a year meanwhile you can't buy that in Europe still. Same goes for Denza - yet. When all you get is outdated BYDs and MGs, of course people think they're trash


I'd absolutely have a Zeeker 8X though. Or a Yangwang.

 

[B_A]

BYD has almost completed its first European based plant in Hungary and already looking for the second one. Everybody say it’ll be Italy or Spain. So, we can comfortably dismiss NATO as a strategic excuse since all the mentioned countries are NATO members to begin with.

I‘ve seen some Turkish auto industry experts opinions on social media where they suggest that Turkish manufacturing costs are well above Hungary. IF true, that’s a more logical explanation. VW and Toyota had already left Turkey long time ago. One European and one Japanese and now a Chinese company.
It’s not really easy to explain all these departures on political grounds.

Toyota are currently operating a factory in Turkey as we speak.

Toyota’s European Manufacturing Plants | Toyota Europe

Nine Toyota European manufacturing plants in seven countries build nine different models as well as the required engines and transmissions.

www.toyota-europe.com

Volkswagen is struggling to stay profitable and never had a factory in Turkey to begin with. VW Group has been fumbling the bag, don't ask about Audi's and especially Porsche's profit margins

And if you look at BYD's sales in Europe it's obvious why they didn't go through.
Their sales in Europe in 25 stand at a meager 188k - meager for BYD's stated goal of wanting to become the world's biggest automaker.
They already have what people call "overproduction" in China and are looking to export. Hungary is producing Dolphin surfs (B segment) right now. it makes no sense for byd to open another factory in The European Customs Union. They screwed over the Turkish state with this though. If I were to buy a car in Turkey today, id go with a Toyota for Hybrids/ICE or Togg for EVs (the latter out of patriotism. if I had no soul it'd be a Tesla.)



Turkey is part of the Made in Europe initiative though. On top of being in the ECU that is. No idea why Ragip refers to an article from prior to this announcement though

https://www.aa.com.tr/en/economy/inclusion-of-turkiye-in-made-in-europe-scope-secures-mutual-investments-trade-minister-says/3856451

As far as Chinese cars go in general - the Chinese keep their best stuff in their own market. For example, he byd han L has been in China for over a year meanwhile you can't buy that in Europe still. Same goes for Denza - yet. When all you get is outdated BYDs and MGs, of course people think they're trash


I'd absolutely have a Zeeker 8X though. Or a Yangwang.

That s HONDA Left TURKIYE

Not TOYOTA

Honda s situation is very bad in Japan and China too,

Honda sells Turkish automotive plant to Turkey’s Habas Group - EUROMETAL

Japanese automaker Honda said on March 26 it has reached a handover agreement with Turkey's Habas Group, parent company of Habas Iron and Steel, for the real estate of Honda's Civic sedan factory. Honda announced in 2019 that it would close its Turkish plant following the end of its Civic...

eurometal.net

Honda makes first loss in 70 years as it retreats from EV investment

The firm will now pivot away from scrapping its target for all of its vehicles to be electric by 2040.

www.bbc.com