China, Turkey Relations Strained After EV Investment Fallout | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Aug 04, 2026, 6:00 PM CDT BYD has paused its planned $1 billion EV factory in Turkey, opting to expand production in Hungary instead to avoid EU tariffs. The investment setback has strained China-Turkey relations, prompting Beijing to launch a diplomatic and media campaign aimed at preserving broader strategic and economic ties. Turkey is weighing legal action to recover investment incentives from BYD as the project stalls,…