Forvia’s Financial Results for the Third Quarter

In the statement regarding Forvia’s financial results for the third quarter, information was provided about an agreement aimed at expanding their partnership with BYD.

As part of this collaboration, Forvia, which supplies parts to BYD’s first factory in Europe located in Hungary, will also be a supplier for BYD’s factory that is set to open in Turkey.

The facility planned by BYD in Manisa will be the company’s second factory in Europe.

1 BILLION DOLLAR INVESTMENT IN TURKEY

BYD, one of the leading automotive companies in the world, has made a decision to invest approximately 1 billion dollars in Turkey. This month, the Environmental Impact Assessment (EIA) process was initiated for the factory to be built in Manisa.


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