President Recep Tayyip Erdogan unveiled a prototype of Turkey’s first domestically electric car on Friday in Gebze, a district near Istanbul.
“Today we share with you, the 60 years long-held dream of manufacturing a national car as we promised 2 years ago.”
Two domestic electric car prototypes were unveiled with production expected to begin in 2022. The government-supported venture is set to cost more than €3 billion, with plans to produce five models in 15 years.
A planned factory in Bursa, Turkey’s fourth-largest city, south of Istanbul, is expected to produce up to 175,000 SUV and sedan units per year by 2022, just a year before national elections and the hundredth anniversary of the Turkish Republic.
“Turkey has become a country which is not only a market for new technologies but also a country which develops, produces and exports them to the world.”
He later posted a video on Twitter of him test-driving one of the cars, saying he would reserve one for himself.
Top 10 Citizenship by Investment Programs for 2024
Which is the best citizenship by investment program 2024?
Comprehensive Report on Global Millionaires Migration in 2024
Where do Millionaires travel?
Saudi Premium Residency: A Comprehensive Guide for Investors
At NTL International, we specialize in providing comprehensive guidance for investors seeking residency opportunities worldwide. In alignment with our expertise, we present an in-depth guide to the Saudi Premium Residency program, designed to attract global investors...
Challenges of Golden Visa Programs in Europe: Will Countries Lose Their Investment Programs?
What do you know about Golden Visa Programs in Europe? Do you believe these programs will continue to offer their services? Which countries provide Golden Visa Programs? Europe is an investment gateway for businessmen, investors, and high-net-worth individuals,...
The Commonwealth of Dominica Revokes Citizenship of 68 person
A Shocking Announcement from the Commonwealth of Dominica Government: Credibility Comes First