Skywell will establish a battery development and production factory in Turkey

From China-based automobile manufacturers Skywellcontinues its work on the Turkey-based factory, which has been on the table for a long time.

Participating in BloombergHT’s broadcast Skywell Türkiye CEO Mahmut Ulubaştotal investment amount in Türkiye $1.6 billion He said that it will be and that they aim to become the country’s second electric vehicle producing company. Extra information on the subject was as follows: “We mentioned that we will open a battery and development and production factory in the first quarter of 2024. Now we are expanding the battery coverage. We plan to bring a total investment of 1.6 billion dollars to Turkey. Negotiations are continuing with the Ministry of Industry and Technology and the Presidential Investment Office. I think the application process for official investment will be completed within three months. We will develop battery management systems for both our own vehicles and other vehicles. Battery production continues. We currently have 19 dealers in seven regions. We are preparing to produce electric vehicles in Turkey. It is planned to be shipped not only to Türkiye but also to Europe. We have plans to be on both the production and software side. The target for this year in Turkey was to sell 39 thousand electric vehicles. We plan to close the year with 60 thousand sales. We have a positive motivation for the future.

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There is a serious transformation not only in Türkiye, but also in Europe, starting from the Balkans. Türkiye is in a position to address all of these markets. People’s most common concerns were ‘where can I charge my car, how long does it take to charge it, can I find parts for the vehicle, is there a service?’ Our customers will charge their vehicles in 6.5 minutes and continue on their way. “As tools and investments increase, people’s prejudices are also being broken.”

Skywell previously, “It will establish a battery development and production factory in Turkey” came to the fore with the news and The statement made by Skywell about that important development was as follows: “Electric vehicles and energy storage systems are becoming increasingly important around the world. Energy storage systems of leading companies have great potential to meet energy needs and increase energy efficiency. Energy storage systems are of great importance for future energy needs.

Skywell’s battery and energy storage system investment in Turkey, It stands out as a step towards the goal of providing solutions to the energy needs of the future not only in Turkey but also in Europe. Skywell Turkey aims to play a leading role both in the country and in the international arena by focusing on the advantages of energy storage technology.”

On the subject, Skywell Türkiye CEO Mahmut Ulubaş said, “We are very excited to produce the battery, which is a very important element in the transformation of the automotive market, in Turkey. We have now started the countdown for our battery factory to be opened by the first quarter of 2024.

Nowadays, energy storage systems have become very critical. Beyond supporting renewable energy, storage systems make vital contributions to the user and the grid. “We foresee that our efforts to reach a sustainable future will accelerate with the increase in renewable energy, which will make significant contributions to our country’s economy.” he said.

The following was also stated on the subject:Ulu Motor, one of the Ulubaşlar Group companies, and Skyworth, the manufacturer of Skywell, one of China’s largest technology companies, recently reached an agreement to open a Battery Development and Production factory in Turkey.

According to the agreement, the battery production factory with 800 + 4C architecture will be opened by the first quarter of 2024. With these batteries, the charging power will increase from 120kW to 480kW, which will allow it to reach 0 to 80 percent charge in 8 minutes.

After the electricity storage regulation prepared by EMRA and published in the Official Gazette on November 19, 2022, applications to establish wind and solar power plants with storage increased rapidly.

Investment demand in storage reached 110 billion dollars in the first 10 days, and then reached 230 billion dollars. Although the capacity in solar and wind is approximately 30 thousand megawatts, applications for a capacity of 164 thousand 200 megawatts were received from investors. “2 thousand 753 pre-license applications were made to EMRA for storage, spread across every region of Turkey.”

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