BYD Executive Vice President Stella Li said the Turkish project had no timeline and that the company’s priority was its facility in Szeged, Hungary. By early 2026, Turkish authorities had suspended the tax exemptions granted to BYD because of the lack of progress. READ: Regional countries welcome Saudi-Turkiye-Pakistan defense pactChallenges for BYD in Hungary Under New LeadershipAs the Turkish project stalled, BYD’s Hungarian operations advanced. The previous Orbán government actively courted Chinese investment through infrastructure support, subsidies, tax advantages, and accelerated permitting. The Szeged plant remains crucial to BYD’s European strategy, but its expansion can no longer be taken for granted.