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In electric vehicles (EVs), the traction motor is in charge of converting electrical energy to mechanical energy so that the vehicle can be driven against kinetic resistance, rolling resistance, and aerodynamic drag.
Consequently, the electric motor drives are the fundamental component of electric, hybrid, and fuel cell cars.
The European Union, Turkey’s largest export market, is tightening regulations on gasoline-powered automobiles, so the country’s auto industry is speeding up efforts to stay up with the global shift toward electric vehicles.
The nation is adopting carbon-free policies from Europe in an effort to become a centre for EV production and, in the process, increase its economic competitiveness.
Turkish buyers typically prefer imported vehicles to indigenous ones, hence Turkey, which has a Customs Union trade agreement with the EU, is a major production hub for cars marketed in Europe.
The Turkey EV Traction Motor Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
A group of businesses known as TOGG, the Turkish Automobile Joint Venture Group, plans to release Turkey’s first national automobile soon. It will be a battery-operated SUV, and domestic suppliers are expected to provide half of the components.
Right now, the project is evolving from an idea into reality. The early TOGG concept models, with a clean design from an Italian design company, were revealed to the globe.
The Turkish start-up has big goals and plans to compete with both established automakers and fresh EV start-ups.
The enormous TOGG project involves an electric vehicle ecosystem that consists of delivery tools, charging networks, and sustaining sectors in the automotive industry that produce lithium battery modules and packs, other EV components, and autonomous driving technology.
