Gebze

Fuat Tosyalı has been elected as the new head of Türkiye's electric vehicle producer, Togg.

Tosyalı, who is also head of the Turkish conglomerate, Tosyalı Holding, replaces Rifat Hisarcıklıoğlu, who was at the helm of the company since 2018, according to a statement from Togg.

Hisarcıklıoğlu heads the Union of Chambers and Commodity Exchanges of Türkiye (TOBB).

Türkiye is in close dialogue with Chinese automaker Chery on an automobile investment and has reached the final stages of the process, Industry and Technology Minister Mehmet Fatih Kacır has said.

The minister, however, did not provide other details.

Türkiye ranked ninth in Europe, ahead of Italy, in terms of the number of electric vehicles (EV) sold in the first eight months of 2024.

From January and July, a total of 41,371 EVs were sold in the country, marking a staggering 159 percent increase from a year ago.

Turkish electric car producer Togg said Thursday that engineering tests have begun on its fully electric fastback sedan at accredited centers in Türkiye and abroad.

The company is working tirelessly to bring the car, which was previewed on Dec. 27 and introduced under the name T10F, to users, said Togg's Chief Executive Officer Mehmet Gürcan Karakaş.

Two gunmen reportedly took seven hostages at a Procter & Gamble (P&G) factory in northwest Turkey on Thursday, linked to the Israel-Hamas conflict. The incident unfolded at the facility in Gebze, Kocaeli province.

Türkiye's first domestically produced electric vehicle Togg has unveiled its new sedan model T10F at CES 2024, a major consumer electronics and IT fair being held in Las Vegas.

Türkiye's auto market expanded more than 57 percent last year from 2022, with passenger cars and light commercial vehicle sales hitting an all-time high of 1.23 million.

From January to December 2023, a total of 967,342 passenger cars were sold in Türkiye, marking a robust 63.2 percent increase from the previous year.

Industry and Technology Minister Fatih Kacır has said during his ministry's budget discussion for 2024 that Türkiye will contribute $7 billion a year to closing the current account deficit by implementing 185 projects focusing on medium and high technology with an investment of $66 billion.

President Recep Tayyip Erdoğan has said that they aim to make Türkiye one of the world's leading actors in electric vehicle and battery production.

Türkiye's indigenous electric carmaker Togg delivered more cars in August than the previous three months combined.

The company delivered 1,965 T10X model cars last month, whereas the total deliveries stood at 1,435 in May, June and July.

Preorders for the Togg T10X were taken online from March 16 to 27, and some 177,000 vehicles were sold online.