Automotive Exports July 2018
Automotive Exports July 2018
Automotive Exports July 2018
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Monthly automotive aftermarket magazine<br />
Tesla to set up shop in<br />
Istanbul’s upscale Zorlu Mall<br />
Electric car producer Tesla's CEO,<br />
Elon Musk, announced in February<br />
that the company is planning to<br />
enter the Turkish market this year<br />
and has posted job ads looking<br />
for staff to be employed in Turkey.<br />
Based on the company's job<br />
advertisements, Tesla's Istanbul<br />
store is expected to open in the<br />
city's luxury Zorlu Center mall in<br />
Istanbul's Levazım neighborhood.<br />
Tesla carries out configuration<br />
and order processing for its<br />
automobiles in its stores. Tesla<br />
sales are conducted through an<br />
online platform via pre-order.<br />
After registering on Tesla's official<br />
website and paying $1,000 for<br />
an order number, customers can<br />
generally receive their cars within<br />
12 to 18 months.<br />
Turkish people are now able to<br />
order from Europe and the prices<br />
of a brand-new Tesla car start at<br />
110,00 euros ($128,424). The<br />
price of second-hand Tesla ranges<br />
from 77,000 euros to 100,000<br />
euros.<br />
Tesla Motors Netherlands B.V.,<br />
Tesla's European headquarters,<br />
was previously reported to be<br />
looking for an area to set up<br />
a maintenance center on the<br />
Anatolian side of Istanbul. The<br />
Model 3, starting at $35,000 in<br />
the U.S., was introduced April<br />
1, 2016 and sold with a prepaid<br />
reservation of $1,000. The model<br />
received more than 400 orders<br />
in the first month after its release.<br />
While deliveries have begun in<br />
the U.S., the vehicle will enter<br />
Europe late this year. The Model 3<br />
is expected to go on sale in Turkey<br />
in 2019 at an estimated price of<br />
about TL 326,940 ($69,700), or<br />
70,000 euros.<br />
An agreement signed with Gersan<br />
Electricity Trade and Industry for<br />
fast charging stations is the first<br />
signal of Tesla entering Turkey.<br />
While there are currently more<br />
than 150 Tesla vehicles in Turkey,<br />
the lack of repair services is a big<br />
problem, with owners currently<br />
having to send their vehicles to<br />
Europe for maintenance, coupled<br />
with problems around obtaining<br />
automobile insurance.<br />
Tesla to launch in Turkey<br />
later this year, Musk says<br />
Electric car maker Tesla plans<br />
to launch in Turkey, its chief<br />
executive said.<br />
"Btw, planning to launch Tesla<br />
in Turkey later this year," Elon<br />
Musk said in a post on his Twitter<br />
account.<br />
"Love your country & will be<br />
there in person for the launch,"<br />
he added.<br />
The company produced more<br />
than 300,000 electric vehicles as<br />
of February.<br />
The Model S, its most popular car,<br />
has sold more than 200,000 units<br />
so far and was the world's bestselling<br />
electric vehicle in 2015<br />
and 2016.<br />
The firm released two more<br />
models -- the Model X SUV and<br />
Model 3 sedan -- in September<br />
2015 and <strong>July</strong> 2017, respectively.<br />
Last year, the company also<br />
unveiled its electric truck-the Tesla<br />
Semi.<br />
Turkey had a total of nearly 12.2<br />
million registered cars by the end<br />
of March, according to the most<br />
recent data from the Turkish<br />
Statistical Institute (TUIK).<br />
There were 729,500 new<br />
passenger car registrations in<br />
Turkey last year, according<br />
to the European Automobile<br />
Manufacturers Association,<br />
compared with 15.1 million in the<br />
European Union.<br />
While Turkey is highly dependent<br />
on oil imports, electric cars could<br />
provide some relief for its gasoline<br />
consumption.<br />
There are a few hundred Tesla<br />
owners in Turkey, who order the<br />
cars from abroad.<br />
But the low number of charging<br />
stations and limited services are<br />
some of the biggest hurdles for<br />
the electric vehicle market in the<br />
country, according to experts.<br />
22 JULY <strong>2018</strong>