Chinese Coming to Electric Vehicle Investment in Turkey: Great Wall Motor

One of China’s biggest automakers, Great Wall Motor, plans to set up an electric car facility there. The firm, which has made headway in discussions with the Presidential Investment Office, is reportedly considering opening a plant in Turkey for duty-free sales in the European market, according to the news of Aysel Yücel from the Economy Daily. The company does not have sales in Turkey yet.

Great Wall, which launched its formal sales in nations including England, Germany, and Sweden with the entirely EV-focused ORA brand, also makes batteries under the SVOLT brand thanks to its investment in Germany. The company said it will soon set up factories for the manufacture of battery cells at five locations in Europe, with Turkey possibly being one of them.

Great Wall Motor continues to make cars with internal combustion engines for the SUV brand HAVAL, which set sales records in China. However, the company has not yet advanced to the level of BYD and Geely in the conversion to electric vehicles. However, the company wants to produce more plug-in hybrid cars and stop making cars with gasoline and diesel engines by 2030. The goal in Europe is to set up five cell factories, a facility for electric vehicles with a 5–20 GWh capacity, and to extend manufacturing across the continent.