Turkey preps for its local EV with a customs slap on China: Turkey will impose a 40% customs duty on Chinese electric vehicles in a bid to promote its first locally-produced electric vehicle, Bloomberg reported on Friday, citing a decree in Turkey’s Official Gazette(pdf). The government has supported the Automobile Joint Venture Group (Togg) with tax cuts, low borrowing costs, and a purchase pledge of 30k vehicles annually until the end of 2035, the business information service reports.

REFRESHER- Turkey revealed its first locally-produced electric car late last yearas part of its efforts to position itself as a key regional automotive producer. Turkey’s Togg — a local joint venture set up in 2018 — plans to launch five models by the end of the decade, with a C-segment SUV primed for on release at the end of 3Q 2023.

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