Published December 25,2024
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Electric automobiles (EVs) are estimated to make up 30% of Türkiye‘s auto market in 2025, as more and more extra EV fashions of well-known automobile manufacturers enter the nation and the home EV model Togg boosts its manufacturing capability, Ali Bilaloglu, CEO of the Turkish auto exporter and distributor Dogus Otomotiv, advised Anadolu.
Bilaloglu said EV and hybrid gross sales accounted for 27% of the entire Turkish auto market this yr, led by the entry of Chinese manufacturers into the market.
“This year, we launched at least one EV model for almost every brand we distribute, representing all Volkswagen Group brands, and two or three more EV models for most of our brands,” he mentioned, noting that the variety of EV fashions the agency distributes from the group will likely be 20-25 within the coming years.
Bilaloglu estimated that the end-year auto gross sales, excluding heavy industrial automobiles, will attain 1.2 million items this yr, as January-November gross sales totaled close to 1.1 million items, near the document gross sales of 2023.
He said that the Turkish auto sector develops yearly and the nation’s demographic construction influences the market.
Bilaloglu mentioned that the period extension of EU General Safety Regulation (GSR) II, the rise of the quantity restrict of automobiles bought with out the particular consumption tax (SCT), and the speculations that the SCT would improve led to the excessive variety of gross sales this yr.
“Like other developed and industrialized countries with large economies like that of Türkiye’s, we observe that tax policies to ensure predictability of the market are more stable and do not change during the year,” he famous.
Bilaloglu said that the turbulent and the difficult interval the world is in could result in value hikes within the auto market, whereas excessive rates of interest could deter buyers.
Source: www.anews.com.tr