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Turkey Electric Vehicle Manufacturing Plant

Project
Information

Client:

Republic of Turkey Prime Ministry Investment Support and Promotion Agency (ISPAT)

Sector:

Automotive & Transportation

Start Date:

Oct 01, 2025

Expected Completion Date:

Oct 01, 2028

Cost:

TRY 120,000,000

Project Description

I

Introduction:

The Turkey Electric Vehicle (EV) Manufacturing Plant project seeks to establish a facility for producing electric vehicles, an industry rapidly gaining momentum globally. Turkey, with its growing automotive sector, is well-positioned to become a key player in the electric vehicle market.

Details:

The plant will focus on manufacturing electric cars and components, including batteries and powertrains. The project will leverage Turkey’s strong automotive supply chain and skilled workforce, providing investors with access to the burgeoning EV market in Europe and beyond. The Turkish government is offering incentives to attract investment in clean energy and green technologies, making this a highly attractive investment opportunity for those looking to capitalize on the global shift to electric vehicles. The plant will be strategically located in the industrial hub of Bursa, Turkey.