Electric vehicles

Representatives of the auto industry expect around 400,000 to 450,000 vehicles to be sold in the next 7 months with total car sales on the local market reaching around 900,000 this year.

The first five months of 2023 saw record sales of passenger cars and light commercial vehicles as many consumers turned to cars as safe "investment."

The combined sales of passenger cars and light commercial vehicles are expected to surpass 435,000 in the first five months, a record level for this period ever.

In May alone, sales are forecast to be above 100,000 cars, according to the people from the industry.

The National e-Mobility Plan was posted for public consultation on Friday.

The plan includes measures for electric-mobility development in all transport sectors in order to reduce carbon emissions and support the green economy.

A comprehensive national charging system is fundamental to Türkiye's successful transition to electric vehicles (EVs) by 2030, the World Bank has said in a report.

Nearly 98,000 passenger cars and light commercial vehicles (LCVs) were sold in Türkiye last month, pointing to a 62.7 percent increase from April 2022, data from the Automotive Distributors' and Mobility Association (ODMD) have shown.

Last month, 77,400 passenger cars were sold on the local market, translating into an annualized increase of 69.9 percent.

Togg aims to deliver more than 1,000 vehicles in May, says Gürcan Karakaş, the CEO of Türkiye's first indigenous electric car maker.

"We will deliver more cars in June," Karakaş told private broadcaster Bloomberg HT, adding that a total of 28,000 will be delivered by the end of the year.

Sales of new cars jumped last month in Europe, surpassing the level of one million for the first time since June 2021, according to data from the European Automobile Manufacturers Association published on Wednesday.

New car registrations hit 1,087,939 in March, an increase of 28.8 percent from the same month last year.

The European Commission announced today that it is taking Bulgaria to court on three cases - for clean vehicles, for the electronic toll service and for the marketing of natural mineral and spring waters.

Clean vehicles

Electric cars remain an unaffordable luxury for the majority of Greeks and Europeans in general, as in spite of state subsidies, which were also provided in Greece, the purchase cost is in some cases even double that of a conventional car.

Ford has announced an investment of $1.3 billion to retool its Canadian assembly plant in Oakville, Ontario to make electric vehicles and batteries for the North American market.