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Jianghua Su, the Co-chair of GSR<br />
Capital, the top level executives of<br />
NEVS, the designer and producer of<br />
superior quality electric vehicles, and<br />
one of the focus companies the GSR<br />
Capital invests in, namely NEVS Board<br />
Chairman Kai Johan Jiang, CEO Stefan<br />
Tilk and Representative Shareholder<br />
Chao Ma, Board Members of Zorlu<br />
Holding Olgun Zorlu, Selen Zorlu,<br />
Emre Zorlu, Zorlu CEO Ömer Yüngül<br />
and the President of Vestel Group of<br />
Companies Turan Doğan.<br />
The investments under the partnership<br />
deal will earn the Turkish economy a<br />
high added value export revenue of<br />
6 billion dollars in the long run, and<br />
anew employment opportunity for<br />
4,000 people. The two groups are set to<br />
establish R&D centers in the associated<br />
fields of materials, mechanics and<br />
software in Japan, China and Turkey.<br />
Under the agreement it is planned to<br />
start battery pack operations before<br />
the end of <strong>2018</strong>, and to complete the<br />
investment for the full battery production<br />
in the next 5-year period. The factory,<br />
with an annual capacity of 25,000<br />
MW, to be commissioned in 2023 will<br />
perform the whole line of processes from<br />
manufacturing of intermediate products<br />
to software, and produce batteries<br />
After the signing ceremony, GSR Capital<br />
Co-chair Jianghua Su said, “GSR Capital<br />
focuses on industrialization of new energy<br />
technology for years. We believe in the<br />
power, dynamism and potential of Turkey.<br />
This partnership with Zorlu Holding,<br />
one of the most innovative groups of<br />
Turkey, will be a key part of our business<br />
development in Europe. This cooperation<br />
with Zorlu Holding for nickel, cobalt<br />
and battery production enables a vertical<br />
integration in a win-win cooperation. We<br />
appreciate the vision, entrepreneurial<br />
spirit and courage of Zorlu Holding,<br />
which developed a magnificent plant like<br />
Meta Nikel, one of the top 10 plants in<br />
this field not only in Turkey but also in<br />
the world. Now, altogether we will make<br />
investments and export high value-added<br />
products to many countries across the<br />
world. Besides electric cars, we will join<br />
our forces to offer innovative products<br />
in many fields related to energy storage.<br />
With this battery production plant that<br />
we will create as part of this vision, we<br />
Jiang, CEO’su Stefan Tilk ve Hissedar<br />
Temsilcisi Chao Ma, Zorlu Holding<br />
Yönetim Kurulu Üyeleri Olgun Zorlu,<br />
Selen Zorlu, Şule Zorlu, Emre Zorlu,<br />
Zorlu Holding CEO’su Ömer Yüngül<br />
ve Vestel Şirketler Grubu Başkanı Turan<br />
Erdoğan katıldı.<br />
Yapılan bu ortaklık anlaşması<br />
çerçevesinde gerçekleştirilecek<br />
yatırımlarla uzun vadede Türkiye<br />
ekonomisine 6 milyar dolar tutarında<br />
yüksek katma değerli ihracat geliri ve<br />
4.000 kişiye de istihdam sağlanacak.<br />
Anlaşma kapsamında ayrıca, iki grubun<br />
malzeme, mekanik ve yazılım alanlarında<br />
Çin ve Türkiye’de AR-GE merkezleri<br />
kurması hedefleniyor. <strong>2018</strong> yılı içerisinde,<br />
batarya paketleme işleminin başlaması,<br />
ardından da 4 yıllık bir dönem içinde<br />
komple batarya üretimine yönelik<br />
yatırımın tamamlanması hedefleniyor.<br />
Yatırımı <strong>2018</strong>’de başlayacak ve 2023’te<br />
tamamlanarak devreye alınacak tesis<br />
ara mamulden yazılıma kadar tüm<br />
süreçleri kapsayacak ve yılda 25 bin MW<br />
kapasiteyle batarya üretecek.<br />
Düzenlenen imza töreni sonrasında<br />
duygu ve düşüncelerini dile getiren<br />
GSR Capital Eş-başkanı Jianghua Su,<br />
“GSR Capital olarak, yıllardır yeni<br />
enerji teknolojilerinin endüstriyel çapta<br />
üretimine odaklanmış durumdayız.<br />
Türkiye’nin gücüne, dinamizmine ve<br />
will work together to become one of the<br />
strongest players in the global innovation<br />
economy of the future. I hope this<br />
partnership will be the first step for new<br />
achievements for GSR Capital, Zorlu<br />
Holding and Turkey.”<br />
Concerning the battery production<br />
business Yüngül said this investment<br />
would make the first stage of a long<br />
journey and continued as follows: “Here,<br />
we will start with battery pack business<br />
for electric cars and power storage.<br />
Besides, we are exploring the possibility<br />
of setting up a 25,000 MW capacity<br />
battery production facility on an area of<br />
about 300,000 square meters. We aim to<br />
start our battery production investment<br />
in <strong>2018</strong> and have our factory start<br />
operations in 2023. These investments<br />
in batteries which had started to be used<br />
in mobile phones, and which today are<br />
already being used in electric vehicles<br />
and in the storage of the energy, will<br />
contribute to the economic growth in<br />
Turkey. Our partnership will enable us<br />
to turn an intermediary product which<br />
we export from Meta Nikel for 1 billion<br />
dollars, into a value-added finished<br />
product that will bring an export revenue<br />
of 6 billion dollars. This cooperation<br />
indeed means a leap forward to a phase<br />
where we will produce the brain of an<br />
electric vehicle, i.e. the battery, and thus<br />
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