Last year it was calculated by Rhodium Group, that Chinese carmakers had foreign plants capable of producing around 1.7 million vehicles a year and had plans to double that.
BYD, the biggest of them, is building a $1 billion factory in Turkey to come on-stream next year which should give it tariff-free access to Turkish and EU markets, reports the Nikkei. It already has production facilities in Thailand and Uzbekistan, is adding plants in Hungary, Indonesia and Brazil and planning to move into Mexico and India. Last week it started constructing an assembly plant in Cambodia with production targeted for this year.
Geely has assembly facilities in Malaysia, Korea, Vietnam and Giza, Egypt.
Automobile Magazine – NEWS