Türkiye's electric car registrations up 64 pct in Jan.-Oct.


  • World
  • Friday, 22 Nov 2024

ISTANBUL, Nov. 21 (Xinhua) -- Electric car registrations in Türkiye reached 73,817 in the first 10 months of 2024, up 64 percent year-on-year, state-run Anadolu Agency reported Thursday.

Car registrations for the same period hit 821,231, it said.

In October alone, 74,636 cars were registered, with 62.6 percent powered by gasoline and 9 percent by electric, according to the Turkish Statistical Institute (TurkStat).

European brands like Renault and Volkswagen led the market, accounting for 11.6 percent and 10.5 percent of new registrations in October, respectively, TurkStat said, without distinguishing between the fuel types.

Chinese brands, including Chery and MG Motor, represented 2 percent and 1.2 percent of the total, respectively, it added.

Semih Eryukseldi, a sector insider for the last 15 years, told Xinhua that young, first-time car buyers have been increasingly choosing Chinese cars for their affordability and performance.

The investment of major Chinese electric vehicle manufacturers in Türkiye will make Chinese brands much more preferred in the market in the upcoming period, he predicted.

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