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.
NTL international reportage
NTL international reportage about Istanbul Citizenship By Investment Seminar
Report about Citizenship by investment and property fair in Cairo 2018
as the Citizenship by Investment Programs attract about $7 billion a year in foreign direct investment, this glamorous fair venue, which was held at the prestigious 5-star Nile Ritz-Carlton Hotel Cairo, combined with the participation of CBI High end Brands & projects.