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Özkanlar Metal enters the electric car market

Özkanlar Metal Demir Çelik, a Turkish steel service center and distributor, has entered the electric vehicle production sector, General Manager Hasan Özkan announced on November 19.

Özkanlar Metal enters the electric car market

Özkanlar Metal Demir Çelik General Manager Hasan Özkan made new statements on November 19. The company, like other steel companies in Türkiye, has recently turned to the production of electric cars.

The company's first mini-commercial electric vehicle, which will have a 19.2 KWh lithium iron phosphate battery, is expected to go on sale in the second half of 2024, Özkan said.

Electric vehicle sales in Türkiye have recently seen a significant increase. Sales increased by 890% y-o-y to 48,883 units in the January-October period of 2023 since Togg started sales in April.

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