By submitting this form, you are agreeing to the Terms of Use and Privacy Policy.
Comming Soon
An electric motor powers an electric vehicle (EV) as opposed to an internal combustion engine, which produces power by burning a mixture of fuel and gases.
Therefore, in order to solve issues such as increased pollution, global warming, the depletion of natural resources, etc., such a vehicle is considered as a potential substitute for current-generation automobiles.
Even though the idea of electric cars has been around for a while, it has attracted a lot of attention in the last ten years due to the growing carbon footprint and other environmental effects of fuel-powered cars.
The Turkey Electric Vehicle Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
Due to rising disposable income, the Turkish electric vehicle market is anticipated to flourish in the years to come. A additional factor contributing to the expansion of the Turkish electric vehicle market is the rising population along with the rapid technological advancement.
Due to their ease of mobility, two-wheeled electric vehicles are becoming more and more popular in areas where traffic congestion is increasing.
Additionally, the business may expand as the market share of low-carbon emission and fuel-efficient vehicles increases. The manufacturer’s introduction of cutting-edge products is also accelerating the market’s growth. Turkey has been a major prospective market for the automotive industry because people there spend a lot of money on cars.
One of the main energy sources in the majority of nations, electricity is also essential for a nation’s economic development. Due to an increase in electric car sales, the country’s electric vehicle market is expanding.
The primary factor in the growth of the electric car market in Turkey is the government’s promotion of energy efficiency and the use of electric vehicles.
COMPANY PROFILE
