China’s EV backdoor
Last week, news surfaced that China’s BYD is accelerating plans to manufacture in Turkey, eyeing it as a strategic springboard to export EVs into Europe.
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China’s top EV maker is changing lanes: BYD is fast-tracking a $1 billion factory in Turkey, hoping to bypass European Union tariffs by leveraging the country’s customs union membership. We explore that in this week’s addition alongside Trump’s AI pivot, a new Arab tech billionaire, China’s AI alliance and Saudi Arabia’s bet on critical minerals.
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Sam (@sam_wendel)