Karakaş said the TOGG's portfolio includes smart energy solutions, adding: "We will manufacture our batteries in-house through Siro Silk Road Clean Energy Solutions, a joint venture with Farasis Energy."
"We aim to supply batteries for all types of electric vehicles and to establish a presence in non-automotive sectors as a battery and energy storage systems provider," he said.
TOGG aims to produce one million vehicles in five different segments by 2030.
"By the end of 2022, we will launch our first mass-production vehicle," he said.
"Our first vehicle in the C-segment, the SUV, will be launched in the first quarter of 2023 following the completion of homologation tests. It will be the first electric SUV produced in continental Europe by a non-traditional manufacturer."
In June 2018, five industrial giants including the Anadolu Group, BMC, Kök Group, Turkcell and Zorlu Holding as well as an umbrella organization, the Union of Chambers and Commodity Exchanges of Turkiye, joined hands to create TOGG.
TOGG became the first Turkish brand to receive an iF Design Award in 2021, one of the most prestigious design awards in the world, with its C-SUV model.
