Türkiye on the Path to Become a Leader in Electric Vehicle Sales in Europe

Türkiye Stands Out in Electric Vehicle Sales

Türkiye Stands Out in Electric Vehicle Sales

German Focus magazine reported that Turkey is among the leading countries in this field, with a 2024% increase in electric vehicle sales in the first half of 233. The magazine emphasized that the expected figures for electric vehicle sales in the European Union were not reached, and stated that these sales increased by only 2024% in the first half of 1,3. It was particularly noted that this situation worsened in Germany, where a 16,4% decrease in sales was recorded.

IT MAY BE AN ALTERNATIVE FOR EUROPEANS

Answering questions from TRT Germany Representative Ramazan Aktaş, İNG Eurozone Chief Economist Carsten Brzeski said, "The main reason why the German automotive industry is not doing well is that they missed the transition to electric vehicles."

"German car manufacturers have long underestimated the development of electric vehicles and only realized it too late. In the process, they have overlooked the importance of competition and are only now starting to increase their range of electric vehicles. The European Commission, on the other hand, is taking a slightly more protective approach by imposing trade barriers to make it harder for car manufacturers from Turkey and China to enter the European market," Brzeski said.

“At the same time, Europe wants to ensure that its citizens can travel with affordable electric vehicles and achieve green goals. Therefore, a compromise needs to be reached and the doors opened,” Brzeski added. Stating that the European Union wants to realize the green transformation, Brzeski emphasized that it is critical to be able to travel more affordable with electric vehicles for this purpose.

TOGG MAY BE AN ALTERNATIVE

Brzeski stated that Turkey's domestic and national vehicle TOGG offers a very good alternative for Europeans. TOGG has the potential to gain an important place in the European market with both domestic production and competitive prices.

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