ISTANBUL, Dec 27 — Turkey unveiled its first fully domestically-produced car today, saying it aimed to eventually produce up to 175,000 a year of the electric vehicle in a project expected to cost 22 billion lira (RM15.27 billion) over 13 years. The project has been a long-time goal of President...
Turkish President Tayyip Erdogan speaks during a ceremony to unveil the domestic electric car project in Gebze, Turkey, December 27, 2019. — Reuters pic
The project has been a long-time goal of President Tayyip Erdogan and his ruling AK Party as a demonstration of the country’s growing economic power. “We’re all together witnessing Turkey’s 60-year-old dream become reality,” he said, referring to failed plans in the past to build a fully home-produced car. “When we see this car on roads around the whole world, we will have reached our goal.”
The new project, launched in October, will receive state support such as tax breaks, and establish a production facility in the automotive hub of Bursa in northwest Turkey, according to a presidential decision in the country’sFive models of the car will be produced, the statement said, adding the government had guaranteed to buy 30,000 of the vehicles by 2035.
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