Mustafa Varank, the Industry and Technology Minister of Turkiye, recently visited the Fremont factory of Tesla in the United States. During his visit, Varank met with the authorities at the factory and discussed the potential of Tesla investing in technology and production in Turkiye.
Turkiye Invites Global Brands to Invest in the Country, Including Tesla
According to Varank, Tesla is interested in entering the Turkish market and is currently working towards this goal. He noted that Tesla is one of the leading automobile brands in the world and is currently trying to expand its influence and market globally. The company has already established a factory in Germany to be effective in the European market, and now it also wants to enter the Turkish market.
Varank stated that the company is in talks about coming to the Turkish market and that Tesla’s activities related to entering the Turkish market with charging stations are continuing. He explained that the process took longer than expected due to the company’s internal evaluations. However, he emphasized that Turkey is an important market for Tesla and that they are still working on entering it.
Varank also highlighted the importance of Tesla’s investment in technology in Turkiye. He stated that Turkiye has a very serious incentive system, especially in terms of investment and R&D. He invited Tesla to take advantage of this system and invest in Turkiye, noting that it is important for the company to enter the market but also important for them to invest in technology and production. He also mentioned that Turkiye has already submitted proposals to Tesla regarding these matters.
Turkiye has a serious incentive system for investment and R&D, making it an attractive destination for companies looking to expand.
Currently, Tesla already has suppliers from Turkiye, and Varank emphasized the importance of the company utilizing this infrastructure. He stated that the negotiations will continue in the coming period and that Turkiye is inviting global brands from all over the world to invest in the country. He noted that after the Covid-19 pandemic, there has been a significant increase in value chains in the world, and Western countries are in search of different suppliers. Turkiye is one of the most important alternatives, and they want to cooperate with Tesla as well.
It is known that Tesla is preparing for the Turkish market and is working on the installation of charging stations and service points. The company is expected to start sales with Model 3 and Model Y in the first quarter of this year.
In conclusion, Tesla’s interest in entering the Turkish market is a positive development for both the company and Turkiye. Turkiye has a serious incentive system for investment and R&D, and Tesla can take advantage of this to invest in technology and production in the country. The negotiations will continue in the coming period, and it is expected that Tesla will start sales in Turkiye in the first quarter of this year. Turkiye is inviting global brands from all over the world to invest in the country and is an important alternative for companies looking for different suppliers after the Covid-19 pandemic.
Written by: Nirvana Property