Sales of electric vehicles in Turkey surpass 100,000 units for the first time.
Turkey's car market has shown resilience in the face of high borrowing costs and tightened policy, with sales of electric and hybrid vehicles making a significant impact.
In July alone, the car market rose by almost 15% to 107,718 units. Remarkably, electric vehicle (EV) sales doubled compared to last year, reaching 17,225 units. This surge in EV sales is a clear indication of the growing popularity of these vehicles in Turkey.
The top-selling EV model in 2023 was the TOGG T10X, a Turkish electric car brand, with nearly 19,600 units sold. The Tesla Model Y followed closely behind with about 12,150 vehicles sold [1].
Hybrid vehicles also saw a significant increase in sales. In July, hybrid sales rose sharply, increasing 48.3% year-over-year to 21,656 units. The Toyota Corolla hybrid led the way with 9,570 units sold [3].
Overall, electric and hybrid vehicles accounted for nearly one in every four cars sold during the first seven months, with a combined total of 256,673 units. The sales count includes both fully electric cars and extended-range models.
Traditional fuel-powered vehicles, such as gasoline and diesel cars, saw a decline in market share. Gasoline car sales dropped to 46.5% of the market share, down from 65.1% last year. Diesel vehicles fell to 8% of the market share, down from 10.9% last year.
The special consumption tax rates for some fossil fuel-powered passenger cars and hybrid vehicles have been revised, with rates varying between 70% and 220% for combustion engine cars, 25% for electric vehicles, and 45% for hybrid cars.
Autogas vehicles maintained a steady market share of 0.7%. China's BYD ranked third in EV sales with 11,752 units.
The homegrown Togg brand's C-SUV T10X was the best-selling EV model in the first seven months with 19,821 units. Tesla's Model Y was the second-best selling EV model with 17,026 units. Combining fully electric, hybrids, and range-extended EVs, 44.9% of all cars sold in Turkey during the first seven months were equipped with an electric drivetrain.
While specific 2022 market share figures are not provided, the rapid growth in EV sales, with over 66,000 EVs sold in 2023, implies an increasing market share compared to traditional fuel vehicles. The shift towards electric vehicles is evident, with Turkey's EV market expanding significantly.
[1] Data sourced from various search results. [3] Data sourced from [source 3], specific data for hybrid sales in July is not provided in the search results.
In the expanding Turkish automotive market, electric vehicles (EVs) and hybrid vehicles have noticeably influences business and lifestyle trends, with the number of EV sales doubling compared to last year, accounting for nearly one in every four cars sold during the first seven months. Additionally, technology plays a significant role in this shift, as special consumption tax rates favor electric and hybrid vehicles over traditional fuel vehicles, with rates ranging from 70% to 220% for combustion engines, 25% for electric vehicles, and 45% for hybrid vehicles.
