SIRO launches test production of EV batteries in Turkey. Silk Road Clean Energy Storage Technologies (Siro), which will produce batteries for Turkey’s automobile Togg, has started trial production.
Some of them have been producing in Turkey for decades. In the electric mobility sector, Turkey has made a name for itself with Togg, a Turkish EV maker founded a few years ago. The OEM’s debut electric car has only been sold in Turkey. However, the second planned market is Germany in the autumn.
In addition to BYD, Fiat, Renault, Ford, Toyota, and Hyundai, for example, also see this as a strategic location advantage. Some of them have been producing in Turkey for decades. In the electric mobility sector, Turkey has made a name for itself with Togg, a Turkish EV maker founded a few years ago.
The plant is expected to have an annual capacity of 150,000 vehicles and will go into operation at the end of 2026. It is the second BYD factory focussing on Europe after Hungary. According to Erdogan, Turkey is set to become an important player in the electric mobility sector in the long run.
As reported by Reuters, the 5 billion dollar package should boost EV production in the country to an annual output of one million units. In total, Erdogan announced incentives for promising tech sectors totalling 30 billion dollars (27.6 billion euros).
BYD and the Turkish government signed an agreement to this effect at the beginning of July. The plant is expected to have an annual capacity of 150,000 vehicles and will go into operation at the end of 2026. It is the second BYD factory focussing on Europe after Hungary.
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