Politics

Turkey eyes growing EV market


ISTANBUL: Turkish President Recep Tayyip Erdogan on Saturday said Turkey was proceeding on the path of having a rapidly growing electric vehicle (EV) market after launching its first domestically-produced electric car TOGG last year.

EV-READY In this handout photograph taken and released by Kazakhstan’s Presidential Press Service on Friday, Nov. 3, 2023, Turkey’s President Recep Tayyip Erdogan attends the 10th Summit of the Council of Heads of State of the Organization of Turkic State in Astana. Erdogan on Saturday said Turkey was proceeding on the path of having a rapidly growing electric vehicle (EV) market after launching its first domestically-produced electric car TOGG last year. KAZAKHSTAN’S PRESIDENTIAL PRESS SERVICE PHOTO VIA AFP

Speaking at the inauguration ceremony of a car factory in the northwestern province of Kocaeli, Erdogan suggested that there would be fierce competition between the existing EV companies and the arrival of new actors into the market.

“Our goal is to make our country one of the world’s leading players in electric vehicle and battery production,” he said.

The Turkish leader noted that the government placed special importance on investments that would enable Turkey to have a say in the electric vehicle market, as “the interest in electric vehicles is increasing in our country, as in the whole world.”

Some 22,900 electric vehicles have been sold from January to August of this year in Turkey, according to the data of the Automotive Distributors and Mobility Association published in September.





Source link