Orders at Togg will be received in February 2023

The body, assembly and paint shop sections of the factory, which is located in Gemlik district of Bursa, built on an area of ​​1.2 million square meters, equipped with the latest technology and has the capacity to produce a vehicle every 3 minutes, were introduced by Togg CEO Gürcan Karakaş and his accompanying officials. How the body part of the vehicle is produced by robots in the body section of the factory, and the painting stages of “Turkey’s automobile” were shown in the paint shop, which has the title of “Europe’s cleanest paint shop”. Gürcan Karakaş, Togg’s Senior Manager, said that Togg made an investment of 3.5 billion euros spread over 15 years. Explaining that this investment covers the core of the “smart device”, 175,000 production and mobility ecosystem in 5 different models, Karakaş said, “As of the end of 2023, a total of 1.8 billion Euros will be spent for Togg. This resource includes investments made to develop smart devices, campuses and technology.” Emphasizing that Togg is currently the first among companies operating in the field of mobility in Turkey with 4 billion 336 million 274 thousand liras, Karakaş said: “Togg set out with a plan where smart device revenues and other revenues are balanced. It will generate income from both the sale of devices and the use of its mobile services. It will also contribute to its profitability as it can control battery and software costs. The price of the Togg will be announced in February. Togg, which will set off as a high-tech smart device, will have a price that will compete with vehicles in its class, including internal combustion engines. All pre-orders will begin to be taken from February 2023. In the first year, 20 thousand units will be produced. Orders will be taken with priority for individual users and delivered throughout 2023. After the first smart device goes on the road at the end of March, it will enter the European market after an average of 18 months. The sedan model smart device will be on the market in the first half of 2025.” “Togg is one of the ambitious players of the ‘New League’” Explaining that Togg has a production target of 1 million by the end of 2030, Karakaş stated that 30 thousand Toggs will be sold to the public by 2035. Karakaş stated that new opportunities emerged for new players in these times when technology and paradigms were changing and said, “Togg calls this period ‘New League’. The successful players of the YeniLig will also be companies that develop the new generation technology users by centering them.” Karakaş noted that the employment will increase to 4,300 people when the production capacity reaches 175 thousand in Togg, where a total of 1400 people are currently employed.