Daily Memo: Turkey-China Deal, Georgia’s EU Membership Bid

A plan to build an EV plant in Turkey is expected to create thousands of jobs.

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EV business. Turkey signed a $1 billion contract with the world’s largest manufacturer of electric vehicles, Chinese firm BYD. According to the deal, BYD will open a plant in Turkey by the end of 2026 to produce electric and hybrid cars with an annual capacity of 150,000 vehicles, as well as a research and development […]

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