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Automotive Ekports February 2024

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Minister urges Chinese carmaker<br />

Chery to invest in Türkiye<br />

Industry and Technology Minister Fatih Kacır has called<br />

on Chinese carmaker Chery to invest in Türkiye.<br />

He visited the production facilities of Chery, China’s<br />

largest automotive exporter since 2012, Kacır wrote on<br />

X, formerly Twitter, on Dec. 21.<br />

“I invited the brand, which produced 250,000 vehicles,<br />

to invest in our country. We will continue to work to<br />

make Türkiye an electric vehicle production base.”<br />

During his visit to the Anhui province, one of the<br />

production centers of the automotive industry in China,<br />

he discussed with local authorities the opportunities<br />

that Türkiye has to offer to investors, Kacır said.<br />

Türkiye’s electric vehicle (EV) market is growing fast,<br />

and Chinese companies are increasing their share in<br />

car sales.<br />

The number of passenger cars imported from China<br />

exceeded 51,000 in the January-November period,<br />

capturing a 6 percent share in the Turkish market,<br />

according to the <strong>Automotive</strong> Distributors and Mobility<br />

Association (ODMD).<br />

Most of those vehicles (35,000) are gasoline-powered<br />

vehicles of the Chinese brand Chery, whereas 15,000<br />

EVs were imported from China.<br />

Kacır also met with Chinese counterparts, Science<br />

and Technology Minister Yin Hejun and Industry and<br />

Information Technologies Minister Jin Zhuanglong,<br />

in Beijing, the Turkish Industry Ministry said in a<br />

statement.<br />

They discussed bilateral cooperation, especially<br />

electric vehicles and battery investments, according to<br />

the statement.<br />

<strong>February</strong> <strong>2024</strong><br />

24

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