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Türkiye sees 257% surge in EV sales in first 5 months of 2024

Türkiye sees 257% surge in EV sales in first 5 months of 2024 Images of Türkiye's electric vehicle TOGG on display, November 9, 2022. (AA Photo)
By Newsroom
Jun 24, 2024 4:47 PM

According to the Automotive Distributors and Mobility Association (ODMD), over 27,600 all-electric cars were sold in Türkiye in the first five months of the year, representing a 257.3% increase compared to the same period in 2023.

EVs now account for more than 7% of the market share, while hybrid sales are also on the rise. Across Türkiye, sales of cars and light commercial vehicles increased by 6%, reaching 471,743 new vehicle sales by the end of May.

The market share for fully electric cars grew from 2.3% to 7.4%, while hybrids increased from 10.6% to 14.4%. Diesel and LPG car sales saw significant declines due to global manufacturers phasing out diesel models.

Sales of 7,349 all-electric cars were sold in May alone, accounting for 9.2% of all sales that month. Türkiye’s electric car sales are set to surpass 65,000 in 2023, ranking sixth in European sales, thanks to the success of the domestic electric vehicle Togg, which sold nearly 20,000 units last year. Despite concerns over the availability and affordability of lithium and charging infrastructure, electric vehicles continue to gain popularity in Türkiye, driven by climate targets and increased domestic production.

Last Updated:  Jun 24, 2024 4:49 PM