EV Sales may Hit 40,000 in Turkey this Year

  • EV sales in Türkiye are expected to reach 40,000 units in 2023, which means the share of EVs in total vehicle sales will climb to 7 per cent.
  • The number of charging stations across the country is also expected to surpass 12,000.

The most important stride for the Turkish automotive industry this year will be the introduction of the homemade electric vehicle Togg to the local market. Togg’s C-SUV model cars will start to be delivered to their owners in March, while the company will start collecting pre-orders in February.

Including new models to be introduced by other carmakers, EV sales in Türkiye are expected to reach 40,000 units in 2023, which means the share of EVs in total vehicle sales will climb to 7 per cent. The number of charging stations across the country is also expected to surpass 12,000, according to estimates by The Electric and Hybrid Vehicles Association (TEHAD).

The share of EV sales in total vehicle sales was only 1.2 percent in the first 11 months of the year. Hybrid car sales grew by 14 per cent on an annual basis during the same period to more than 51,000 units, capturing 10.2 percent in total sales.

The increase in the prices of new cars is likely to remain in the new year due to the elevated raw material costs, global inflation, and post-pandemic-related issues. Foreign exchange rates, local inflation, and special consumption tax rates will determine the prices of cars in Türkiye.

 

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