Electric car sales soar with 442% increase due to cost advantage.
The electric car market in Turkey has seen a significant increase in sales over the past year. In the January-April period, sales of electric cars rose by 442 percent compared to the previous year, totaling 7,527 units, and accounting for 3 percent of total automobile sales. This growth has caught the attention of global companies who are now looking to expand their operations in Turkey.
In addition to the rise in sales, the appetite of global brands has increased, with many looking to enter the Turkish market. Domestic car manufacturer, TOGG, has especially caught the attention of many with its leading technology and advantageous position in terms of price.
The increase in sales is not only limited to Turkey but is a global phenomenon. The growing interest in electric cars is mainly due to its environmental friendliness, cost savings in operation, advanced technology, and comfortable driving experience.
It is expected that a sustainable price advantage, loan incentive rates, and high technology will continue to attract customers to the electric car market in Turkey and propel domestic brands like TOGG to the forefront of the competition.
