Turkish electric car project seen at an investment of $3.7 billion

27.12.2019 - Evdokimov Roman
Turkish electric car project seen at an investment of $3.7 billion

Turkish electric car project seen at an investment of $3.7 billion

Turkey’s new domestic electric car project will have a fixed investment of 22 billion Lira ($3.7 billion) over a period of 13 years, with an annual production capacity of 175,000 vehicles according to the Official Gazette on Friday.

The Official Gazette reported on a presidential decision which said the car production project, which was launched on October 30, will receive state support in the form of tax breaks and will be based in the northwestern province of Bursa

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