Yesterday we introduced to you a new SUV from the new Turkish company TOGG. In fact, there is still some background to introduce about this new company.
According to foreign media Reuters, Turkey released its second fully domestically produced car on December 27 (one of the SUVs is similar to the Hongqi HS7). In the future, the company aims to produce 175,000 electric vehicles per year, and this project is expected to cost 22 billion liras (approximately US$3.7 billion) over 13 years.
The domestic electric vehicle project has always been a long-term goal of Turkish President Tayyip Erdogan and the Turkish government. They hope to use this to demonstrate their country's economic strength.
Tayyip Erdogan also spoke at the launch ceremony, saying that Turkey’s goal is not only to sell this car in the domestic market, but also to build it into a global brand, and the first stop will be Europe.
It is reported that this new project, launched in October this year, will receive state support such as tax exemptions and establish a new factory in Bursa, the automotive center in northwest Turkey.
In the future, the Turkish government also promises to purchase 30,000 new independent vehicles by 2035. Regarding the new car brand TOGG, its manufacturer’s consortium is called Turkey’s Automobile Initiative Group (TOGG), which was established by five industrial groups in mid-2018.
It is worth mentioning that the CEO of TOGG is Gurcan Karakas, a former Bosch executive, and the COO is Sergio Rocha, the former CEO of General Motors Korea.
This article comes from the author of Autohome Chejiahao and does not represent the views and positions of Autohome.