Minister Nabati’s Call to Banks: Unprofitable Loan for Togg!

The recent undesirable developments in the economic markets have led to some new steps being taken in the automotive sector, as in every sector. While the credit packages were developed for the citizens whose dreams of owning a car in return for affordable prices were ruined, the government officials decided to take 6 months and 6 thousand kilometers. While it is aimed to reduce vehicle prices to some extent in this way, the automotive industry has turned its production route to electric cars.

The increasing cost of spare parts, the continuation of the chip crisis, and the environmental pollution that has been warned for years have entered the country’s agenda, resulting in zero carbon decisions, which led to the choice of vehicle models produced as electric models over models with internal combustion engines. Although it may seem that they have prices that make the citizens nervous at first, electric cars, which are considered to be a more profitable investment in the long term compared to other vehicle models, have also been on the agenda of Turkey, considering the increasing fuel prices.

Founded 4 years ago, Togg set out to produce the first domestic electric car of our country. Accelerating its work at the beginning of this year thanks to its business partners, test studies and many other operating policies, the company showcased the electric car on both domestic and international platforms. While the countdown continues for Togg, which has features that excite industry representatives and other consumers, the mass production of the domestic car has finally started. An exciting statement came from the Minister of Treasury and Finance, Nureddin Nebati, for Togg, which has not fallen off the agenda as a big step taken for both the country’s economy and the automotive sector.

Credit Statement from Minister Nabati for Domestic Cars!

While mass production of Togg started at the Gemlik Factory, which was inaugurated on October 29 with the participation of President Recep Tayyip Erdoğan, both domestic and foreign media continued to talk about Togg’s sales process. The statement made by the Minister of Treasury and Finance Nureddin Nebati excited the citizens who want to have a domestic car but are still confused about the price.

Making statements to TRT Haber about the domestic car Togg, Minister of Treasury and Finance Nureddin Nebati said: “We talked to public banks. At the stage of purchasing Togg, if necessary, they will give loans without making a profit. Participation and public banks will provide the necessary support with low costs in a way that will not gain any profit, if necessary, at the point of access to the vehicles.

President Erdogan’s Call to Banks!

President Recep Tayyip Erdoğan, who made a speech at the opening ceremony of the Gemlik Factory, pointed out that banks should take responsibility during the sale of Togg and used the following statements: “I call on banks so that our citizens can buy Togg with ease. Since we call this vehicle ‘Turkey’s car’, then let’s all do what it takes.”


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