China and Turkey have just done the unthinkable, and Europe is not ready！

Motivate Mindfulness
Motivate Mindfulness
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Published 2024-07-17
🌟 Hello, dear friends! Welcome back to Motivate Mindfulness! 🌟 Today, we're diving into a major development: Turkey's $1 billion deal with BYD, a leading Chinese electric vehicle company. This historic partnership will revolutionize electric car production in Turkey and make it a key player in the European market. 🚗⚡ Join us as we explore the details of this game-changing deal and its impact on global transportation trends.

In a rapidly evolving automotive industry, Turkey and BYD's $1 billion agreement will establish a massive manufacturing plant, creating thousands of jobs and boosting the local economy. By 2026, this facility will produce 1.55 million vehicles annually, leveraging Turkey's customs union with the EU for significant cost savings.

This partnership underscores Turkey's growing influence in the global automotive landscape, fostering innovation in sustainable vehicle technologies. BYD's investment leverages Turkey's strategic position between Asia and Europe, allowing efficient market access and substantial duty savings.

Beyond economic gains, this project marks a shift towards eco-friendly transportation solutions. Advanced R&D centers will drive innovation in sustainable technologies, positioning Turkey as a leader in green automotive production.

Join us today on Motivate Mindfulness as we unpack this transformative deal! If you enjoyed this discussion, don't forget to subscribe for more insightful content. Share your thoughts on how this historic agreement will shape the future of electric vehicles in the comments below. Your support means everything to us! 🚗⚡✨

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All Comments (12)
  • @user-oo1rt5zg8s
    Turkey and China are smart countries! Both countries will promote Electric vehicles°
  • @paulkhoo3537
    This is a major challenge to US and Western allies. China will transfer its EV expertise to Turkey. It will also provide a charging network in Turkey. Turks will enjoy EVs without Turkey increasing USD debt to innovate. Meanwhile US and EU exports to Turkey will be reduced, improving Turkey's economy. May even incentivise weaker EU economies to seek joint ventures with China.
  • @andrzej21111
    EU car manufacturers face competition. Now, in addition to high customs duties on cars from China, they will impose high customs duties on cars from Turkey. EU producers will have a big headache. 😂
  • @yanxu7349
    很有意思，史无前例大汉和匈奴的合作。
  • @quamrul008
    There is no need to repeat the same subject e.g. meeting with BYD chairman and Turkish president.
  • @Momonosuke321
    why does a channel named "Motivate Mindfulness" talk about this topic 🤣🤣Do you share motivational quotes somewhere within the video? Or should we be motivated by this investment?????
  • @user-we4us2eb8i
    BRICS TÜRKIYE❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤