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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>

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