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Plant for production of cars with electric engines to be built in Turkey

Business Materials 1 May 2019 12:33 (UTC +04:00)
A plant for the production of cars with electric engines will be built in Turkey by the middle of 2019

Baku, Azerbaijan, May 1

By Rufiz Hafizoglu - Trend:

A plant for the production of cars with electric engines will be built in Turkey by the middle of 2019, said Mehmet Gurcan Karakas, the head of the consortium on creation of the Turkish domestic car, Trend reports via Turkish media.

He said that the work is underway to develop the car by 2022.

The company “TOGG” will be engaged in the car’s production.

“This will be a sport utility vehicle (SUV) class car”, said Karakas.

Earlier, Turkish Minister of Industry and Technology Mustafa Varank said that the first prototype of the Turkish domestic car will be ready in 2019.

Meanwhile, the Turkish "Zorlu Holding" company, together with four other companies which are members of the consortium for development of a domestic Turkish car, presented the first prototype of the vehicle.

The prototype was developed together with the "Vestel Elektronik" company and is entitled "VEO".

Earlier, Turkish Minister of Science, Industry and Technology Faruk Ozlu said that Turkey will invest $3 billion in creating a domestic car.

Ozlu said work is currently underway to develop prototypes of five different models of the domestic car.

The minister also noted that one of the cars will be equipped with an electric motor.

The cars developed in Turkey will be manufactured with different engines.

The purchase of a domestic car in Turkey will be exempt from special consumer tax.

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