The Ministry of Industry and Technology announced that the Chinese automobile brand Chery will start production in Turkey. According to the statement made by the ministry, the investment will be implemented in Samsun and the annual production capacity of the factory will be 200 thousand vehicles.
Chery will establish a factory in Samsun!
Speaking at the Climate and Economy Sustainable Mobility Vehicles and Technologies Summit, Minister of Industry and Technology Mehmet Fatih Kacır emphasized the production and innovation power of Turkey in the mobility ecosystem.
Stating that electric vehicle sales increased by 103 percent in Turkey in the first four months of the year compared to the previous year, Kacır announced that there was also a 134 percent increase in hybrid vehicles. In the same period, the share of electric vehicles in the total market increased to 15.5 percent and the share of hybrid vehicles increased to 29 percent. Kacır stated that this transformation directly affects investor interest and that Turkey has become a center of attraction for international mobility investments.
The Chery production facility to be established in Turkey is a part of the strategic investments that support the mobility transformation not only for the brand but also for the country as a whole. Within the scope of the Mobility Vehicle and Technology Strategies Roadmap announced by the Ministry of Industry and Technology, it is planned to increase Turkey’s production capacity and localization rate with such investments.
It is planned to produce 1 million electric and rechargeable hybrid vehicles annually by 2030 and to increase the localization rate in these vehicles to 75 percent. It is expected that the new production facility to be established in Samsun will have important results in terms of both employment and regional industrial development.
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With this investment by Chinese Chery, another link will be added to the electric vehicle production chain in Turkey. It should be noted that this investment also directly overlaps with Turkey’s domestic battery production targets, fast charging infrastructure expansion and plans for smart mobility systems.
Turkey continues to increase its effectiveness in the global mobility scene with giants such as the domestic automobile brand Togg and BYD, which has decided to invest in Manisa. The annual 200 thousand capacity production facility to be established by Chery in Samsun will be one of the newest and strongest steps of this process.
The relevant part of the statement is as follows:
“BYD, the world’s largest electric vehicle manufacturer; is establishing a production facility with an annual capacity of 150 thousand electric or rechargeable hybrid vehicles and an R&D center for mobility technologies in Manisa. New links continue to be added to the investment chain of global automotive giants in our country.
A similar scale investment for the production of Chery brand cars in our country will also be realized in Samsun with an annual capacity of 200 thousand. All these investments are increasingly reinforcing the interest and investor confidence in our country’s high-tech production capacity.
Turkey is taking firm steps forward with an increasing momentum in the production of new generation electric vehicles. With the multidimensional steps we are taking, we will increase the market share of electric and rechargeable hybrid vehicles in our country to over 35 percent, our localization rate in these vehicles to 75 percent and our production capacity to 1 million by 2030.
With battery module and subcomponent investments, we will make our country one of the regional Battery Production Centers. We will also ensure that Level 3 domestic autonomous vehicles are produced in our country by 2030.”
