Automotive Exports August 2023
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- Page 10: Monthly automotive aftermarket maga
- Page 14: will feature battery packs with 52.
- Page 24: Fits just like the original, but pe
- Page 28: Turkish factory activity expands at
- Page 32: Europe’s electric car market shar
- Page 38: Motocar offers trust, quality and t
- Page 44: Mass production of T10X was launche
- Page 48: Türkiye eyes to surpass $120B in s
1
Monthly automotive aftermarket magazine<br />
GROUP CHAIRMAN<br />
H. FERRUH ISIK<br />
PUBLISHER:<br />
İstmag Magazin Gazetecilik<br />
İç ve Dış Ticaret Ltd. Şti.<br />
Managing Editor (Responsible)<br />
Mehmet Söztutan<br />
mehmet.soztutan@img.com.tr<br />
Advertising Sales Consultant<br />
Adem Saçın<br />
+90 505 577 36 42<br />
adem.sacin@img.com.tr<br />
EDİToR<br />
Mehmet Soztutan, Editor-in-Chief<br />
mehmet.soztutan@img.com.tr<br />
Enes Karadayı<br />
enes.karadayi@img.com.tr<br />
International Marketing Coordinator<br />
Ayca Sarioglu<br />
ayca.sarioglu@img.com.tr<br />
Advisory Editor<br />
Yusuf Okçu<br />
yusuf.okcu@img.com.tr<br />
Finance Manager<br />
Cuma Karaman<br />
cuma.karaman@img.com.tr<br />
Digital Assets Manager<br />
Emre Yener<br />
emre.yener@img.com.tr<br />
Technical Manager<br />
Tayfun Aydın<br />
tayfun.aydin@img.com.tr<br />
Graphic & Design Advisor<br />
Sami aktaş<br />
sami.aktas@img.com.tr<br />
Accountant<br />
Yusuf Demirkazık<br />
yusuf.demirkazik@img.com.tr<br />
Subsciption<br />
İsmail Özçelik<br />
ismail.ozcelik@img.com.tr<br />
HEAD OFFICE:<br />
İstmag Magazin Gazetecilik<br />
İç ve Dış Ticaret Ltd. Şti.<br />
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www.ihlasmatbaacilik.com<br />
Dynamism and innovation…<br />
The autoparts industry of Türkiye has developed rapidly in line with the automotive<br />
industry. The Turkish autoparts industry with its large capacity, wide variety of<br />
production and high standards, supports automotive industry production and the<br />
vehicles in Türkiye and also has ample potential for additional exports.<br />
Whereas previous manufacturing activity focused on domestic markets only,<br />
production now extends to export markets. As a result of this structural change, the<br />
competitiveness at the domestic level is now replaced with competitiveness on a<br />
global scale, both in terms manufacturers and suppliers. Fluctuations in production<br />
resulting from global economic crises have given way to stable production patterns. In<br />
addition, the consumer satisfaction standard based on domestic market demands has<br />
now become a quality standard satisfying customers worldwide.<br />
Following the shift of the focus on customers, markets, products and competition from<br />
the local level to the global level, Turkish manufacturers and suppliers now position<br />
themselves globally rather than locally.<br />
This transformation in the sector urges automotive suppliers to improve their existing<br />
structures in line with the demands of global auto manufacturers. These improvements<br />
relate to a need to build advanced technological skills, infrastructure, research and<br />
development means; capable of effective and successful technical cooperation; skilled<br />
in unique product development; equipped with the ability to obtain shares in global<br />
projects as well as to have high brand competitiveness.<br />
We think that technology and competitive power will always be the two keys for the<br />
survival of the automotive industry. Dynamism and innovation have turned out to be<br />
the rule of the game in the automotive industry as usual.<br />
This month, we participate in MIMS Automechanika Moscow <strong>2023</strong> and Autocomplex<br />
Moscow <strong>2023</strong> to convey the messages of the Turkish automotive and autoparts<br />
industrialists.<br />
Our publications remain at the service of those business people seeking to increase<br />
their share in the increasingly competitive automotive market.<br />
We wish them and their trading partners fruitful business.<br />
automotiveexport<br />
automotiveexports
Electric car sales up as Türkiye’s EV drive gains pace<br />
Sales of electric vehicles (EV) in Türkiye<br />
skyrocketed in the year through May,<br />
propelled by the launch of the country’s<br />
first indigenous car and arrival of new<br />
brands.<br />
Some 7,526 battery-power cars exchanged<br />
hands during the January-May period,<br />
according to the <strong>Automotive</strong> Distributors<br />
and Mobility Association (ODMD) data<br />
that showed overall vehicle sales in Türkiye<br />
achieved their best May and five-month<br />
figures ever.<br />
Sales of electric vehicles thus rose by<br />
a whopping 326.64% from a year ago,<br />
when some 1,764 EVs exchanged hands,<br />
according to the data.<br />
Sales in May alone jumped by 457.18% to<br />
2,095 units, compared to 376 in the same<br />
month of 2022.<br />
Their gasoline-electric hybrid rival saw sales<br />
jump nearly 60% year-over-year to 37,988<br />
units, as per data.<br />
Battery-powered and hybrid vehicles<br />
boosted their market shares to 2.21% and<br />
11.17%, up from 0.82% and 11.09% in the<br />
first five months of last year, respectively.<br />
Cars powered by gasoline held a 68% share<br />
in the overall sales in the January-May<br />
period, down from 69.8% a year ago, while<br />
that of diesel vehicles rose to 17.3% from<br />
16.1%.<br />
Overall, some 111,356 units of passenger<br />
cars and light commercial vehicles were<br />
sold in May, marking a 70.9% year-overyear<br />
increase. The figure also represents<br />
a 69.1% increase according to 10-year<br />
average May sales.<br />
Sales in the first five months of the year<br />
rose 60.5% year-over-year to 445,006 units,<br />
according to the ODMD.<br />
Demand remains notably high as<br />
consumers continue to opt for cars they<br />
see as a tool to safeguard themselves from<br />
high inflation. Among others, easing supply<br />
chain-related availability problems has also<br />
led to increased sales since the beginning<br />
of the year. Annual consumer price<br />
inflation in Türkiye has moderated over the<br />
last six months, easing lastly to 43.68% in<br />
April, almost halving from 85.1% registered<br />
in October last year – a 24-year peak.<br />
As expected, the battery-powered cars<br />
trend is gaining a fresh impetus as Türkiye’s<br />
first domestically produced electric vehicle<br />
Togg hit the roads.<br />
The ODMD data suggested some 306 Togg<br />
T10X were delivered in May, although the<br />
carmaker had said it planned to deliver<br />
1,000 units in May, out of 20,000 units<br />
projected for this year.<br />
The fully electric C-segment SUV ranked<br />
just second to Mokka, manufactured<br />
by German carmaker Opel, owned by<br />
Stellantis, and held 4.07% in market share<br />
in May.<br />
Mass production of T10X was launched last<br />
October and deliveries started in late April.<br />
The vehicle is initially being sold with one<br />
engine type and two battery options. It<br />
<strong>August</strong> <strong>2023</strong> 10
will feature battery packs with 52.4 and 88.5<br />
kilowatt-hours capacities, boasting ranges of<br />
314 and 523 kilometers (195 and 325 miles).<br />
The batteries of the Togg T10X can be<br />
recharged to up to 80% from 20% in less than<br />
28 minutes at fast-charging stations.<br />
A consortium of five Turkish companies called<br />
the Automobile Initiative Group of Türkiye,<br />
or Togg, is manufacturing the vehicle in<br />
cooperation with the Union of Chambers and<br />
Commodity Exchanges of Türkiye (TOBB).<br />
Besides the SUV, Togg will manufacture four<br />
other models – a sedan, C-hatchback, B-SUV<br />
and B-MPV – by 2030. The sedan will follow<br />
the mass production of the SUV.<br />
The current production capacity of around<br />
100,000 vehicles per year will reach 175,000<br />
once Togg’s factory reaches total capacity.<br />
President Recep Tayyip Erdoğan has said<br />
some 28,000 units would be produced this<br />
year. The brand aims to manufacture 1<br />
million vehicles across the five segments by<br />
2030.<br />
Togg plans to begin exports as of 2025, while<br />
the initial production will be tailored for the<br />
domestic market.<br />
<strong>August</strong> <strong>2023</strong> 12
MIMS Automechanika Moscow <strong>2023</strong> and<br />
Autocomplex Moscow <strong>2023</strong> in action<br />
MIMS Automechanika Moscow <strong>2023</strong> is held<br />
in Expocentre Moscow, on 21 to 24 <strong>August</strong><br />
<strong>2023</strong>. MIMS Automechanika Moscow is<br />
the leading exhibition of automotive spare<br />
parts, automotive components, equipment<br />
and vehicle maintenance products in Russia<br />
and Eastern Europe.<br />
MIMS Automechanika Moscow<br />
(Int’l Exhibition of <strong>Automotive</strong> Parts,<br />
Components, Car Maintenance Equipment<br />
and Products) takes place in Moscow,<br />
Russia at Expocentre. Trade show is<br />
organized by ITE LLC Moscow.<br />
In a short period of time, MIMS offers<br />
a complete presentation of the state of<br />
Russian and foreign markets for automotive<br />
parts and maintenance.<br />
At MIMS, experts have an excellent<br />
opportunity to evaluate and test new<br />
technical products, receive detailed advice<br />
from manufacturers, perform comparative<br />
analysis and make final decisions regarding<br />
purchasing one product over another.<br />
The exhibition high level is certified by the<br />
sign of the UFI (The Global Association of<br />
the Exhibition Industry)<br />
As for the Autocomplex Moscow <strong>2023</strong>, it is<br />
designed to demonstrate the latest models<br />
of equipment, technologies and turnkey<br />
construction of fuel stations and other<br />
facilities of car services, charging points<br />
for electrical vehicles. Unifying all of the<br />
trades related to automotive in servicing<br />
car owners is the dominant message of the<br />
exhibition.<br />
Electric transport and charging<br />
infrastructure, environmentally friendly<br />
technologies, automation, convenient<br />
payment systems, developed related<br />
services and the transition to automatic<br />
fuel stations are among the forwardlooking<br />
sections of the Autocomplex<br />
exhibition. Participation in Autocomplex<br />
opens up wide opportunities to<br />
demonstrate equipment and services to<br />
business partners and wide scope of the<br />
branch professionals in a short period!<br />
Round tables, seminars, master classes,<br />
presentations and other events are held<br />
on the most relevant for the industry<br />
topics within the frames of the business<br />
program which forms an integral part of<br />
the exposition. Specialists - visitors and<br />
participants - discuss issues related to<br />
trends in the development of fuel stations,<br />
electric transport, electric charging points<br />
and gas filling infrastructure in Russia,<br />
exchange experience in the design of<br />
roadside complexes and development of<br />
related services at gas stations.<br />
The event is supported by Union of the Gas<br />
Engine Industry Enterprises (SPGO) and the<br />
Russian Fuel Union (RTS)<br />
<strong>August</strong> <strong>2023</strong> 16
Fits just like the original, but performs like MEYLE<br />
PD: new two component brake discs now available<br />
MEYLE, a leading manufacturer of high-quality automotive spare parts, is<br />
expanding its product range to include the two component brake discs for<br />
common BMW and Mercedes models.<br />
The new brake discs are now available<br />
and offer customers the usual OE qualities<br />
such as accurate fit, low offset, reduced<br />
weight and the associated fuel savings and<br />
decrease in CO2. At the same time, the new<br />
brake discs boast high performance, driving<br />
comfort and sophisticated design, as is<br />
typical of the MEYLE PD line.<br />
Thanks to its new products, MEYLE is<br />
expanding into the aftermarket for brakes<br />
with solutions in areas previously reserved<br />
for vehicle manufacturers with their<br />
original parts. Seven new references for the<br />
two component MEYLE PD brake discs are<br />
now available for the BMW models 3 to 8<br />
Series, X3 to X5, and Z4, and for Mercedes<br />
C-Class and E-Class models.<br />
The brake discs comprise an aluminium or<br />
stamped steel hat riveted to the cast iron<br />
friction ring. The two component MEYLE<br />
PD brake discs also offer the typical MEYLE<br />
PD qualities, including high performance,<br />
driving comfort and sophisticated design.<br />
In addition, they are ECE-R90-certified<br />
and, due to the high-quality surface<br />
coating, do not require degreasing, thus<br />
ensuring long-lasting protection against<br />
corrosion. A higher percentage of carbon<br />
makes the two component brake discs<br />
exceptionally resistant to heat distortion<br />
even in cases of higher thermal stress –<br />
for example, on steep mountain descents<br />
– for extended driving comfort without<br />
vibrations. To ensure efficient installation<br />
at the workshop, 99% of the brake discs are<br />
equipped with a fixing screw.<br />
<strong>August</strong> <strong>2023</strong> 22
Auto production<br />
rises 13 pct in<br />
first half<br />
Local carmakers increased their production<br />
by 13 percent in January-June from a year<br />
ago to 735,231, according to data from the<br />
<strong>Automotive</strong> Manufacturers’ Association<br />
(OSD).<br />
The companies manufactured 462,401<br />
passenger cars in the first half of the<br />
year, marking a 21 percent year-on-year<br />
increase.<br />
The annual increase in commercial vehicle<br />
was 2 percent in the first six months to<br />
273,000 units.<br />
Including tractors, the industry’s total<br />
production was 765,282, and the capacity<br />
usage rate in the industry was 74 percent.<br />
Carmakers shipped nearly 506,000 vehicles<br />
to foreign markets in the first half, which<br />
translated into an 8 percent increase<br />
compared with the same period of 2022.<br />
Passenger car exports grew 20 percent to<br />
326,000.<br />
The automotive industry’s export revenues<br />
amounted to $17.7 billion in January-July,<br />
rising 15 percent from a year earlier. In<br />
June alone, export revenues grew 8.8<br />
percent to $3.06 billion.<br />
The automotive industry’s production is<br />
expected to be around 1.5 million vehicles<br />
in <strong>2023</strong>, said Cengiz Eroldu, the board chair<br />
of the OSD. Eroldu forecasts 1.1 million<br />
vehicles will be exported this year.<br />
He predicts that more than 1 million<br />
vehicles could be sold on the local market<br />
in <strong>2023</strong>, saying that the combined sales<br />
of passenger cars and light commercial<br />
vehicles may exceed 100,000 in July.<br />
In the first six months, more than 581,000<br />
vehicles were sold in the country, up 55<br />
percent from a year ago. The passenger<br />
car market expanded by 54.5 percent to<br />
430,000. In June alone, the industry’s<br />
production fell 12.2 percent year-on-year<br />
to 119,000 vehicles, with passenger car<br />
output down 12.3 percent to 76,000.<br />
Total vehicle sales grew 36 percent<br />
year-on-year, while the annual increase<br />
in passenger car sales was 40 percent to<br />
around 90,000.<br />
<strong>August</strong> <strong>2023</strong> 24
Turkish factory activity expands at steady pace in June<br />
Factory activity in Türkiye expanded at<br />
a steady pace in June, a closely watched<br />
survey showed, although new orders<br />
growth slowed and price pressures grew as<br />
the currency weakened.<br />
The Purchasing Managers’ Index (PMI) for<br />
manufacturing came in at 51.5 in June,<br />
unchanged from the previous two months,<br />
staying above the 50-point line that<br />
separates expansion from contraction, the<br />
Istanbul Chamber of Industry (ISO) and S&P<br />
Global said.<br />
Output was up for the fourth month<br />
running, the survey showed, with the rate<br />
of growth being the fastest since July 2021.<br />
Alongside improving demand, firms also<br />
attributed the rise to the ongoing recovery<br />
from February’s major earthquakes and<br />
a pick-up in activity following the Turkish<br />
election.<br />
“Manufacturing production kicked on<br />
nicely in June, and the goods-producing<br />
sector as a whole finished the first half<br />
of the year in broadly positive shape as<br />
demand improved further,” said Andrew<br />
Harker, Economics Director at S&P Global<br />
Market Intelligence.<br />
“Firms were battling the familiar foe of<br />
currency weakness, however, which limited<br />
new order growth and brought an abrupt<br />
halt to the recent easing of inflationary<br />
pressures,” Harker added. The Turkish lira<br />
has declined 28% so far this year, largely<br />
after the economic authorities took steps<br />
since President Recep Tayyip Erdoğan was<br />
reelected on May 28, including changing<br />
course after two years of monetary easing.<br />
As part of the policy pivot, the country’s<br />
central bank increased its benchmark<br />
policy rate by 650 basis points, lifting its<br />
one-week repo rate to 15%. The monetary<br />
authority has also simplified some of<br />
the macroprudential measures it had<br />
implemented in a drive to boost the lira.<br />
The survey showed input cost inflation for<br />
factories accelerated sharply in June and<br />
was the most pronounced since July last<br />
year, with respondents citing unfavorable<br />
exchange rate movements as the main cause.<br />
<strong>August</strong> <strong>2023</strong> 26
Electric car drive<br />
heats up as H1<br />
sales in Türkiye<br />
jump over 465%<br />
Electric vehicle (EV) sales in Türkiye jumped<br />
over 465% in the year through June,<br />
according to the industry data, spurred by<br />
the increasing momentum in the deliveries<br />
of the country’s first indigenous car and the<br />
arrival of new brands.<br />
Some 12,792 battery-power cars exchanged<br />
hands in the first half of the year, according<br />
to the <strong>Automotive</strong> Distributors and<br />
Mobility Association (ODMD) data that<br />
showed overall vehicle sales in Türkiye<br />
achieved their best June and six-month<br />
figures ever.<br />
EV sales mark a whopping 465.3% yearover-year<br />
increase from 2,263 units sold<br />
last year, the data compiled by the Anadolu<br />
Agency showed. Their gasoline-electric<br />
hybrid rival saw sales jump 47.5% in the<br />
first half of this year to 43,649 units.<br />
Battery-powered and hybrid vehicles saw<br />
their market shares reach 3% and 10.2%,<br />
up from 0.8% and down from 10.6% in the<br />
first six months of last year, respectively.<br />
Cars powered by gasoline held a 68.9%<br />
share in the overall sales in the January-<br />
June period, down from 69.7% a year ago,<br />
while that of diesel vehicles remained<br />
unchanged at 16.9%.<br />
Overall, passenger cars and light<br />
commercial vehicles from January through<br />
June reached 555,867 units, an increase of<br />
55.3% versus the first half of last year.<br />
Demand has been notably high as<br />
depreciation in the Turkish lira and soaring<br />
prices prompted consumers to continue to<br />
opt for cars they see as a tool to safeguard<br />
themselves from high inflation.<br />
Annual inflation cooled further and fell<br />
to 38.21%, marking a significant regress<br />
after touching a 24-year high above 85% in<br />
October last year.<br />
The prices of vehicles soared due to supply<br />
shortages coupled with strong demand, as<br />
well as high inflation and the depreciation<br />
in the lira, which makes imports more<br />
expensive.<br />
The battery-powered cars trend is gaining a<br />
fresh impetus as Türkiye’s first domestically<br />
produced electric vehicle Togg hit the<br />
roads.<br />
The brand said it delivered some 808 units<br />
of its T10X as of the end of June. Mass<br />
production of a fully electric C-segment<br />
SUV was launched last October, and<br />
deliveries started in late April. The<br />
carmaker had said it planned to deliver<br />
20,000 units by the end of <strong>2023</strong>.<br />
Togg said the two-month sales figure<br />
granted it a 28.9% market share, making it<br />
a leader in the electric SUV segment. It also<br />
topped the first-half list with a 15% market<br />
share, the company said in a statement.<br />
The T10X is initially being sold with one<br />
engine type and two battery options. It will<br />
feature battery packs with 52.4 and 88.5<br />
kilowatt-hours capacities, boasting ranges<br />
of 314 and 523 kilometers (195 and 325<br />
miles).<br />
The batteries of the T10X can be recharged<br />
to up to 80% from 20% in less than 28<br />
minutes at fast-charging stations.<br />
A consortium of five Turkish companies<br />
called the Automobile Initiative Group<br />
of Türkiye, or Togg, is manufacturing the<br />
vehicle in cooperation with the Union of<br />
Chambers and Commodity Exchanges of<br />
Türkiye (TOBB).<br />
Besides the SUV, Togg will manufacture<br />
four other models – a sedan, C-hatchback,<br />
B-SUV and B-MPV – by 2030. The sedan will<br />
follow the mass production of the SUV.<br />
The current production capacity of around<br />
100,000 vehicles per year will reach<br />
175,000 once Togg’s factory reaches total<br />
capacity.<br />
President Recep Tayyip Erdoğan has said<br />
some 28,000 units would be produced<br />
this year. The brand aims to manufacture<br />
1 million vehicles across the five segments<br />
by 2030.<br />
Togg plans to begin exports as of 2025,<br />
while the initial production will be tailored<br />
for the domestic market.<br />
<strong>August</strong> <strong>2023</strong> 28
Europe’s electric<br />
car market share<br />
overtakes diesel<br />
in June<br />
The sales of new electric battery vehicles<br />
overtook diesel car purchases in Europe for<br />
the first time last month, but activity is far<br />
from pre-pandemic levels, a lobby group<br />
said.<br />
In June, the market share for cars running<br />
on electric batteries rose to 15.1%,<br />
according to the European Automobile<br />
Manufacturers’ Association (ACEA), with<br />
over 158,000 units sold in the EU.<br />
Most EU markets recorded double or<br />
even triple-digit percentage gains, with<br />
heavyweights Germany, France and the<br />
Netherlands all posting increases of over<br />
50%.<br />
Petrol remained the new car fuel type with<br />
the largest market share at 36.3%, while<br />
hybrid electric vehicles were second at<br />
24.3%.<br />
Automakers and consumers are looking<br />
to steer away from vehicles running on<br />
polluting fossil fuels to reduce greenhouse<br />
gas emissions and fight climate change.<br />
A searing heatwave that has engulfed large<br />
parts of Europe has reinforced concerns<br />
about the impact of global warming on the<br />
planet.<br />
The ACEA said new EU car registrations in<br />
the first six months of <strong>2023</strong> increased by<br />
17.9%, with 5.4 million new units.<br />
But it noted that cumulative volumes for<br />
the period were 21% lower than in 2019,<br />
the final full year before the coronavirus<br />
pandemic, which upended the industry and<br />
the global economy.<br />
Lockdowns and restrictions on daily life<br />
decimated economic activity, while the<br />
reopening of economies saw the industry<br />
challenged by disrupted supply chains and<br />
inflation.<br />
A 17.8% growth of the car market in the<br />
EU in June was due to a low comparison<br />
base last year, “primarily driven by vehicle<br />
component shortages,” said the ACEA.<br />
However, “the improvements indicate<br />
that the European automotive industry is<br />
recovering from supply disruptions caused<br />
by the pandemic,” it added.<br />
<strong>August</strong> <strong>2023</strong> 30
Togg to produce<br />
1 mln vehicles<br />
by 2032<br />
Türkiye’s first electric carmaker Togg will<br />
produce a total of 1 million vehicles by<br />
2032, Industry and Technology Minister<br />
Fatih Kacır has said.<br />
Some 97 percent of those vehicles will<br />
be sold to consumers while the public<br />
institutions will buy the remaining 3<br />
percent, the minister told a group of<br />
journalists.<br />
“The target is to manufacture 175,000 Togg<br />
vehicles in five years. The charging stations<br />
with 1,662 outlets are now available in 81<br />
provinces of Türkiye,” he added.<br />
A total of 1,571 charging stations will be<br />
set up across the country and they will<br />
be available on all intercity highways,<br />
according to the minister.<br />
By the end of this year 20,000 Togg vehicles<br />
will be on the roads, he said.<br />
Türkiye may become an important player in<br />
autonomous cars, Kacır stressed.<br />
“We are very successful in unmanned<br />
aerial vehicles. Togg has a research center<br />
in Ankara. Some 200 highly qualified<br />
engineers, most of them have previously<br />
worked in the defense industry, are<br />
working there.” Kacır also announced a<br />
joint investment with Qatar to produce<br />
65 nanometer chips. The size of the<br />
investment will be $60 million, according<br />
to the minister. “Those chips are widely<br />
used in the automotive and white goods<br />
industries. Türkiye is a leading producer<br />
in those sectors. In while goods, it is the<br />
second largest producer in the world and<br />
the top producer in Europe.”<br />
He also said that Türkiye will contribute<br />
46 million euros to NATO’s 1 billion euro<br />
Innovation Fund.<br />
“Our target is to help Turkish tech<br />
enterprises receive resources, much larger<br />
than our contribution, from this fund.”<br />
<strong>August</strong> <strong>2023</strong> 32
Motocar offers<br />
trust, quality<br />
and the best<br />
service to<br />
its business<br />
partners<br />
Motocar Group was established in Europe<br />
in 1996 and continued on its way by<br />
opening branches in different regions of<br />
the world. It started its operations with<br />
the title of “Motocar Otomotiv San.ve Dış.<br />
Tic. Ltd. Şti.” in Istanbul Turkey in 2022.<br />
The company is a reliable supplier and<br />
exporter of premium quality automotive<br />
spare parts for global aftermarket brands<br />
as well as the Geniune Auto Parts for Benz,<br />
Bmw, Audi, Volkswagen, Skoda, Ford, Opel,<br />
Peugeot, Citroen, Renault, Iveco, Fiat,<br />
Hyundai, Kia, Toyota vehicles. It also takes<br />
the advantage of being a distributor of<br />
many manufacturers producing parts for<br />
the automotive aftermarket industry. We<br />
asked the details of their success to Mine<br />
Dilekkaya, an export specialist at Motocar.<br />
What do you have in your product<br />
portfolio and what are the<br />
prominent factors in these products?<br />
What kind of works do you realize in<br />
product development and R&D?<br />
We are researching all the new passenger<br />
and light commercial vehicles spare parts<br />
according to the current global market<br />
needs and updating our system with our<br />
professional team. We are also open offers<br />
of which comes from our clients that<br />
arise according to their needs in order to<br />
increase our product range as well. In our<br />
range we have Brake System, Suspension<br />
& Steering System, Clutch & Transmission<br />
System, Cooling & Heating System, Engine,<br />
Lighting, Electrical, Filter, Bearing, that<br />
means we have all about spare parts.<br />
What are the features that make you<br />
superior to your competitors?<br />
Motocar <strong>Automotive</strong> was established<br />
with the awareness of providing trust,<br />
quality and the best service to its business<br />
partners. As Motocar <strong>Automotive</strong>, it has<br />
been based on certain values such as unity<br />
and integrity, understanding, excellence,<br />
responsibility and creativity since its<br />
establishment. These values guide every<br />
business decision taken in our company.<br />
Can you give details about your<br />
exports? Your current and target<br />
markets, international promotion,<br />
fair participation, etc. What<br />
would you like to say about your<br />
strategies?<br />
With our 27 years of experience, Motocar<br />
<strong>Automotive</strong> is operating as a respected and<br />
reliable company and exports its products<br />
to more than 30 countries worldwide,<br />
notably to the USA, Europe, Russia,<br />
Australia, Middle East, etc.<br />
In near future Motocar aims to reach more<br />
clients by serving its’ attractive products.<br />
Is there anything that you would like<br />
to underline?<br />
We serve our customers with a wide<br />
variety of innovative products from 250<br />
famous brands consisting of more than<br />
2,000,000 spare parts at competitive prices<br />
packed well and delivered on time.<br />
<strong>August</strong> <strong>2023</strong> 36
Turkmenistan becomes 3rd country to<br />
receive Türkiye’s domestic car, Togg<br />
Turkmenistan has become the latest<br />
country to receive Türkiye’s domesticallydeveloped<br />
first fully electric vehicle,<br />
Togg, following its previous deliveries to<br />
Azerbaijan and Kazakhstan.<br />
During the opening ceremonies of<br />
Arkadağ Smart City, Türkiye’s Industry and<br />
Technology Minister Mehmet Fatih Kacır<br />
presented two white Toggs to Turkmenistan<br />
President Serdar Berdimuhammedov in<br />
the presence of Union of Chambers and<br />
Commodity Exchanges of Türkiye (TOBB)<br />
Chairperson Rifat Hisarcıklıoğlu.<br />
The presence of two separate Toggs at the<br />
ceremony was highly appreciated, with<br />
gratitude extended to President Recep<br />
Tayyip Erdoğan for his involvement.<br />
The Turkmenistanis were captivated by<br />
the newly acquired Toggs. In adherence to<br />
local traditions, women donning traditional<br />
attire wafted hibiscus incense around the<br />
vehicles to ward off ill intentions.<br />
Camel wool amulets known as “Caps” were<br />
also affixed to the Toggs’ steering wheels,<br />
and the vehicles were showered with flour<br />
to symbolize prosperity.<br />
Turkmenistan’s ministers were also in<br />
attendance at the delivery ceremony.<br />
Berdimuhammedov personally tested<br />
Togg’s T10X model and expressed his<br />
admiration for the car.<br />
During his address at the ceremony,<br />
Kacır expressed his hope that Togg would<br />
continue to garner appreciation worldwide.<br />
He highlighted the significance of<br />
presenting Togg vehicles, crafted by Turkish<br />
engineers, at the inauguration of a smart<br />
city.<br />
“We take immense pride in delivering<br />
Togg cars to Turkmenistan, following our<br />
successful ventures in Azerbaijan and<br />
Kazakhstan.”<br />
“We anticipate that Togg vehicles will<br />
continue to receive widespread acclaim, not<br />
only within Türkiye but also across the globe,<br />
particularly among the Turkic Republics and<br />
our neighboring regions.”<br />
In Türkiye, some 306 Togg T10X were<br />
delivered in May, although the carmaker had<br />
said it planned to deliver 1,000 units in May<br />
out of 20,000 units projected for this year.<br />
<strong>August</strong> <strong>2023</strong> 40
Mass production of T10X was launched last<br />
October and deliveries started in late April.<br />
The vehicle is initially sold with one engine<br />
type and two battery options. It will feature<br />
battery packs with 52.4 and 88.5 kilowatthours<br />
capacities, boasting ranges of 314<br />
and 523 kilometers (195 and 325 miles).<br />
The batteries of the Togg T10X can be<br />
recharged to up to 80% from 20% in less<br />
than 28 minutes at fast-charging stations.<br />
A consortium of five Turkish companies<br />
called the Automobile Initiative Group of<br />
Türkiye, or Togg, manufactures the vehicle<br />
in cooperation with the TOBB. Besides<br />
the SUV, Togg will manufacture four other<br />
models – a sedan, C-hatchback, B-SUV and<br />
B-MPV – by 2030. The sedan will follow the<br />
mass production of the SUV. The current<br />
production capacity of around 100,000<br />
vehicles per year will reach 175,000 once<br />
Togg’s factory reaches total capacity.<br />
<strong>August</strong><br />
<strong>2023</strong><br />
42
Türkiye’s share<br />
in global exports<br />
hits 1.04 pct<br />
Türkiye’s rolling 12-month exports have<br />
amounted to $255.7 billion in the first<br />
quarter of <strong>2023</strong> that corresponded to an<br />
all-time-high of 1.04 percent share in global<br />
exports.<br />
The country’s share in global exports<br />
surpassed the 1 percent-mark for the first<br />
time in 2021 at $225 billion, Trade Minister<br />
Ömer Bolat wrote on Twitter, adding that<br />
the volume of global exports stood at $22.3<br />
trillion in that year.<br />
In 2022, export revenues climbed to $254.2<br />
billion and captured a 1.02 percent share in<br />
global exports, according to the minister.<br />
In 2002, the country’s share was 0.55<br />
percent or $6.5 billion.<br />
Türkiye aims to boost goods export to $400<br />
billion and to have a 1.2 percent share<br />
in global exports in 2028, Bolat said in a<br />
speech he delivered in a gathering at the<br />
Istanbul Chamber of Commerce (İTO) on<br />
July 13. He also noted that services export<br />
revenues climbed to $90.5 billion last year<br />
from $59 billion.<br />
“This year’s target is to generate $120<br />
billion in services exports. We also aim to<br />
increase our share in global services export<br />
to 1.5 percent in 2028.”<br />
The government is working to reduce<br />
imports to achieve a balanced foreign<br />
trade, Bolat said, stressing the risks from<br />
energy imports.<br />
Türkiye’s energy import bill was $98 billion<br />
last year, whereas the total foreign trade<br />
deficit stood at $110 billion, he added.<br />
With new gas and oil finds inside Türkiye,<br />
the country’s energy foreign trade will<br />
become more balanced in the next two to<br />
three years, according to the minister.<br />
<strong>August</strong> <strong>2023</strong> 44
Türkiye eyes to surpass $120B in service<br />
exports toward year-end<br />
The Trade Ministry has announced that<br />
service exports in the first four months<br />
amounted to $25.8 billion, with a target to<br />
surpass a total of $120 billion for the entire<br />
year.<br />
In a statement, the Trade Ministry<br />
emphasized the need to bolster<br />
and support all sectors of export,<br />
including tourism, air, land, sea and rail<br />
transportation, health tourism, foreign<br />
student enrollment, informatics and<br />
software, as well as TV series exports.<br />
Highlighting Türkiye’s growth in service<br />
exports over the past two decades, the<br />
statement revealed a significant increase of<br />
over sixfold.<br />
Service exports, which stood at $14 billion<br />
in 2002, witnessed a 47% surge in 2022<br />
compared to the previous year, setting a<br />
new record at $90.5 billion.<br />
Consequently, the services balance of $50<br />
billion played a pivotal role in mitigating<br />
the current account deficit.<br />
Türkiye’s performance in international<br />
service exports propelled it to the 23rd<br />
position, accounting for a 1.3% share in the<br />
global market, according to the statement.<br />
The statement highlighted Türkiye’s notable<br />
achievement of registering the highest<br />
growth rate among the top 30 exporting<br />
countries in the world, following Spain.<br />
With an increase of 22.6% in service<br />
exports during the first four months of<br />
this year, reaching $25.8 billion, Türkiye<br />
solidified its position.<br />
The Trade Ministry has allocated TL 774.7<br />
million for the service sectors since the<br />
beginning of <strong>2023</strong>, with a total budget of TL<br />
2.5 billion allocated for <strong>2023</strong>.<br />
The ministry stressed its commitment<br />
to advancing toward these targets by<br />
increasing investments and providing<br />
support to sub-sectors and items that<br />
contribute positively to the Central Bank<br />
of the Republic of Türkiye (CBRT)’s Balance<br />
of Payments, recognizing that innovation,<br />
and the efficient utilization of resources are<br />
crucial in today’s property-intensive world.<br />
The country’s overall exporters have<br />
achieved their best May sales ever despite<br />
a fallout after devastating earthquakes in<br />
early February and challenges plaguing the<br />
global economy.<br />
Outbound shipments rose 14.4% yearover-year<br />
to nearly $21.7 billion (TL 453.12<br />
billion).<br />
Imports rose 16% year-over-year to $34.3<br />
billion in May, the official data showed,<br />
driving a 19% increase in the foreign trade<br />
deficit to nearly $12.7 billion.<br />
Low growth in the global economy and<br />
persistent inflation have made the recovery<br />
fragile, the ministry said at the time in<br />
a statement. It also stressed the recent<br />
turmoil in the financial sector, which it says<br />
has worsened expectations.<br />
However, it expressed optimism given the<br />
fall in energy prices from 2022 peaks and<br />
China’s reopening.<br />
Türkiye is trying to emerge from<br />
catastrophic twin quakes on Feb. 6<br />
that killed more than 50,000 people<br />
and flattened hundreds of thousands<br />
of buildings besides inflicting severe<br />
infrastructural damage.<br />
The disaster had disrupted production and<br />
supply chains across 11 affected provinces,<br />
but the Trade Ministry said data showed<br />
economic activity had recovered faster<br />
than expected. The region accounts for<br />
more than 20% of the country’s food<br />
production, nearly 15% of agricultural gross<br />
domestic product (GDP) and almost 20% of<br />
the country’s agrifood exports.<br />
<strong>August</strong> <strong>2023</strong> 46
Türkiye to make Togg global presence,<br />
reaching countries, continents<br />
The Industry and Technology Minister,<br />
Mehmet Fatih Kacır, has expressed their<br />
ambitious goal of introducing Togg,<br />
Türkiye’s “national smart car,” to leaders of<br />
numerous countries.<br />
This initiative, spearheaded by President<br />
Recep Tayyip Erdoğan’s Gulf tour, has<br />
already taken Togg to Azerbaijan,<br />
Uzbekistan and Turkmenistan, followed by<br />
delivery to state leaders of the United Arab<br />
Emirates (UAE), Qatar and Saudi Arabia.<br />
Kacır emphasized the significance of this<br />
achievement, viewing it as a source of<br />
historical pride for the nation.<br />
The “national smart car,” developed by<br />
Turkish engineers and manufactured by<br />
skilled technicians, represents Türkiye’s<br />
advancement in high-tech innovation,<br />
making its presentation to leaders in<br />
various parts of the world all the more<br />
momentous, he said.<br />
Looking forward, Kacır revealed their plan<br />
to extend the distribution of Togg to other<br />
members of the Turkish organization in<br />
the coming period. This process will be<br />
facilitated by President Erdoğan, who plays<br />
a crucial role in identifying countries where<br />
Togg can be gifted during his official visits.<br />
“The realization of Türkiye’s 60-year-old<br />
dream and the success story behind the<br />
‘national smart car’ is a matter of utmost<br />
importance to our President,” Kacır stated.<br />
Accordingly, the government is committed<br />
to forging partnerships with world leaders<br />
and making Togg assume a global presence,<br />
reaching countries and continents far and<br />
wide.Kacır affirmed that their efforts to<br />
promote Togg on an international scale will<br />
remain steadfast.<br />
Erdoğan most recently gifted the Togg<br />
to Qatari Emir Sheikh Tamim bin Hamad<br />
Al Thani. On the second leg of his threenation<br />
Gulf tour, Erdoğan met Al Thani in<br />
the capital Doha to hold one-on-one talks.<br />
Ahead of the talks, Erdoğan presented a<br />
Gemlik blue Togg to Al Thani. Erdoğan went<br />
to the building where their one-on-one<br />
meeting was held, with the Togg – a model<br />
year in the making – driven by Al Thani.<br />
Erdoğan also gave Türkiye’s first<br />
domestically produced electric car as<br />
a gift to United Arab Emirates (UAE)<br />
President Sheikh Mohammed bin Zayed Al<br />
Nahyan and Saudi Arabia’s Crown Prince<br />
Mohammed bin Salman during the Gulf<br />
tour.<br />
The Togg already made its way into the<br />
fleets of Turkish ministries, pitching<br />
itself as a candidate to replace soonpublic<br />
inventories consisting primarily of<br />
traditional Western brands.<br />
The deliveries came in April after Erdoğan<br />
and his Azerbaijani counterpart Ilham<br />
Aliyev became the first owners of the<br />
indigenous electric vehicle (EV) Togg.<br />
Erdoğan accepted his Togg T10X model in<br />
Ankara, while Aliyev shipped his vehicle to<br />
Baku. The leaders’ fully electric C-segment<br />
SUVs both feature the “Anadolu” color,<br />
inspired by red, reflecting Anatolian lands’<br />
sincerity and passion.<br />
Having had its mass production launched in<br />
late October, Togg said the T10X would be<br />
initially sold with one engine type and two<br />
battery options.<br />
The model will feature battery packs with<br />
capacities of 52.4 and 88.5 kilowatt-hours,<br />
boasting ranges of 314 and 523 kilometers<br />
(195 and 325 miles).<br />
The first version of the T10X can accelerate<br />
from zero to 100 kph (62.14 mph) in<br />
7.6 seconds, while the second, for<br />
which delivery will start on Oct. 29, can<br />
accomplish zero-100 kph in 4.8 seconds.<br />
Togg’s first model will have a price ranging<br />
from TL 953,000 ($49,500) to around TL<br />
1.22 million.<br />
The Automobile Initiative Group of Türkiye,<br />
or Togg, a consortium of five Turkish<br />
companies, manufactures the vehicle in<br />
cooperation with the Union of Chambers<br />
and Commodity Exchanges of Türkiye<br />
(TOBB). The batteries of the Togg T10X can<br />
be recharged to up to 80% from 20% in less<br />
than 28 minutes at fast-charging stations.<br />
Besides the SUV, Togg will manufacture<br />
another four models – a sedan,<br />
C-hatchback, B-SUV and B-MPV – by 2030.<br />
The sedan will follow the mass production<br />
of the SUV.<br />
The current production capacity stands<br />
at around 100,000 vehicles per year,<br />
which is expected to reach 175,000 once<br />
Togg’s factory in Gemlik district, in the<br />
northwestern province of Bursa, reaches<br />
total capacity.<br />
The brand aims to produce 1 million<br />
vehicles across the five segments by 2030.<br />
<strong>August</strong> <strong>2023</strong> 48
Türkiye expects global electric car producer to invest this year<br />
At least one global electric car producer<br />
is expected to announce an investment in<br />
Türkiye by the end of this year, according<br />
to a senior official, stressing high interest<br />
that comes as the first indigenous batterypowered<br />
vehicle expands deliveries.<br />
“There is significant interest by global<br />
brands for the production of electric cars in<br />
Türkiye,” Industry and Technology Minister<br />
Mehmet Fatih Kacır told reporters.<br />
“Türkiye’s membership in the European<br />
Union’s customs union is still a big<br />
advantage for many global brands.”<br />
Kacır said there has been interest from<br />
companies, from Europe to the Far East.<br />
More than one producer from China is<br />
interested in investing in Türkiye, he added.<br />
“We are meeting with more than one, I<br />
hope we will reach a conclusion with all of<br />
those we have met.” Kacır said he expects<br />
at least one of them to announce a new<br />
investment by the end of the year.<br />
The minister stated that almost all<br />
companies operating in the automotive<br />
sector in Türkiye also have new investment<br />
requests. “We are working on new<br />
investments with almost all of them,” he<br />
noted. Sales of electric vehicles in Türkiye<br />
jumped over 465% in the year through June,<br />
according to the <strong>Automotive</strong> Distributors<br />
and Mobility Association (ODMD) data.<br />
Some 12,792 battery-power cars exchanged<br />
hands in the first half of the year, compared<br />
to 2,263 units sold last year.<br />
The drive has been spurred by the<br />
increasing momentum in the deliveries of<br />
the country’s first indigenous car Togg and<br />
the arrival of new brands.<br />
“This year, of course, this rise will be more<br />
radical with Togg,” said Kacır.<br />
The brand delivered some 808 units of its<br />
T10X as of the end of June.<br />
Mass production of the fully electric<br />
C-segment SUV was launched last October,<br />
and deliveries started in late April. The<br />
carmaker will have delivered 20,000 units by<br />
the end of <strong>2023</strong>, the minister noted.<br />
“We anticipate that there will probably<br />
be 20,000 total sales of other brands as<br />
well. Therefore, electric vehicle sales will<br />
approach 40,000 this year, while last year<br />
the figure was below 10,000,” Kacır added.<br />
Battery-powered vehicles have seen their<br />
market shares reach 3%, up from just 0.8%<br />
in the first six months of last year.<br />
Togg said the two-month sales figure<br />
granted it a 28.9% market share, making it<br />
a leader in the electric SUV segment. It also<br />
topped the first-half list with a 15% market<br />
share, the company said in a statement.<br />
The T10X is initially being sold with one<br />
engine type and two battery options. It will<br />
feature battery packs with 52.4 and 88.5<br />
kilowatt-hours capacities, boasting ranges<br />
of 314 and 523 kilometers (195 and 325<br />
miles).<br />
A consortium of five Turkish companies<br />
called the Automobile Initiative Group<br />
of Türkiye, or Togg, is manufacturing the<br />
vehicle in cooperation with the Union of<br />
Chambers and Commodity Exchanges of<br />
Türkiye (TOBB).<br />
Besides the SUV, Togg will manufacture<br />
four other models – a sedan, C-hatchback,<br />
B-SUV and B-MPV – by 2030. The sedan will<br />
follow the mass production of the SUV.<br />
The current production capacity of around<br />
100,000 vehicles per year will reach<br />
175,000 once Togg’s factory reaches total<br />
capacity. The brand aims to manufacture<br />
1 million vehicles across the five segments<br />
by 2030. Togg plans to begin exports as of<br />
2025, while the initial production will be<br />
tailored for the domestic market.<br />
“Togg will reach an annual production of<br />
175,000, some of which will be exports,<br />
within four to five years,” said Kacır.<br />
<strong>August</strong> <strong>2023</strong> 50
Türkiye’s online used car market to cap<br />
prices below new car rates<br />
The Trade Ministry has taken steps to<br />
address the issue of inflated prices for used<br />
cars sold online. According to the newly<br />
published regulation, it will be prohibited<br />
to advertise used motor vehicles at a<br />
price higher than the manufacturer’s or<br />
distributor’s recommended selling price<br />
until Jan. 1, 2024.<br />
The objective of this regulation, as stated<br />
by the ministry, is to curb unfair practices,<br />
prevent excessive price hikes and restore<br />
a balanced supply-demand relation in the<br />
automotive sector.<br />
Prices of vehicles in Türkiye soared due<br />
to supply shortages coupled with strong<br />
demand, as well as high inflation and the<br />
depreciation of the Turkish lira, which<br />
makes imports more expensive.<br />
Both consumers and the government<br />
have blamed car dealers for price gouging.<br />
The government ramped up its audits to<br />
curb the prices and make vehicles more<br />
affordable.<br />
The latest step came as the ministry’s<br />
effort to address consumer grievances and<br />
combat hoarding and excessive pricing<br />
practices in the automotive sector as well<br />
as stockpiling.<br />
This regulation, which will take effect<br />
on July 15, applies to both individual<br />
and commercial advertisements from all<br />
individuals and legal entities.<br />
Under this restriction, advertising<br />
platforms will notify all individuals and<br />
legal entities about advertisements that<br />
potentially violate the regulation at the<br />
time of placement. Any advertisement<br />
found to be in violation of this regulation<br />
will be considered as engaging in the<br />
trade of secondhand motor vehicles,<br />
and those responsible for placing such<br />
advertisements may face administrative<br />
fines of up to TL 300,000 ($11,534) per<br />
advertisement.<br />
Türkiye has also expanded and prolonged a<br />
measure aimed at reining the surge in car<br />
prices for another six months, the country’s<br />
Trade Ministry announced recently.<br />
Under a regulation unveiled last year,<br />
companies, car showrooms and car rental<br />
companies had to keep the cars they<br />
acquire for six months and cover at least<br />
6,000 kilometers before being allowed<br />
to resell them. The measure has been<br />
renewed to last until January 2024 and has<br />
been expanded to include individuals as<br />
well. Authorities have imposed more than<br />
TL 75.17 million in fines on companies for<br />
practices such as excessive pricing and<br />
stockpiling, according to the Trade Ministry.<br />
More than TL 35 million in fines also came<br />
for violations of the “6 months, 6,000<br />
kilometers” regulation, the statement read.<br />
Car sales in Türkiye achieved their best<br />
May and five-month figures ever, according<br />
to industry data. Some 111,356 units<br />
of passenger cars and light commercial<br />
vehicles exchanged hands last month,<br />
marking a 70.9% year-over-year increase.<br />
Sales in the first five months of the year<br />
rose 60.5% on an annual basis to 445,006<br />
units.<br />
<strong>August</strong> <strong>2023</strong> 52
<strong>Automotive</strong> exports top<br />
$3 billion in June<br />
The Turkish automotive industry’s exports<br />
grew by 9 percent year-on-year in June<br />
to more than $3 billion, according to the<br />
<strong>Automotive</strong> Industry Exporters’ Association<br />
(OİB).<br />
For a third time this year, monthly exports<br />
were above the $3 billion mark, said Baran<br />
Çelik, the board chair of OİB.<br />
The share of the automotive sector in<br />
Türkiye’s export revenues was 16.7 percent<br />
in June, making it the largest exporting<br />
industry. Passenger car exports grew 12<br />
percent to $984 million, while bus, minibus<br />
and midibus exports were up 45 percent<br />
to $205 million. Passenger car shipments<br />
to France, Spain and Poland grew by 18<br />
percent, 112 percent and 34 percent,<br />
respectively, but exports to Italy and the<br />
U.K. fell by 2 percent and 28 percent. The<br />
automotive supplier industry’s export<br />
revenues remained unchanged from June<br />
last year to stand at $1.19 billion.<br />
France was the top export market for local<br />
carmakers. The industry’s total exports to<br />
France amounted to $400 million in June,<br />
rising 10 percent from a year ago. <strong>Exports</strong><br />
to Germany were down 4 percent to $388<br />
million. The U.K.’s imports from the Turkish<br />
automotive industry stood at $284 million,<br />
unchanged from June last year. <strong>Exports</strong> to<br />
Israel and Russia increased by 129 percent<br />
and 82 percent to $81.2 million and $81.6<br />
million, respectively.<br />
The EU’s share in the industry’s exports<br />
was nearly 68 percent or more than $2<br />
billion in June. In the January-June period,<br />
the industry’s export revenues amounted<br />
to $17.3 billion, rising 13.7 percent from<br />
the first half of last year. Local companies’<br />
revenues from passenger car exports<br />
increased by 19 percent in the first half of<br />
<strong>2023</strong> to $5.45 billion, while the suppliers<br />
sub-industry’s export revenues exhibited<br />
an annual increase of 11 percent to $7.2<br />
billion. The monthly average export<br />
revenue of the automotive sector was $2.9<br />
billion this year, OİB said.<br />
Carmaker Tofaş said that production at its<br />
Bursa plant will be suspended between<br />
Aug. 7 and Aug. 30 due to the planned<br />
annual leave and maintenance-repair<br />
works.<br />
“In the said period, our employees will use<br />
their annual leave progress payments, and<br />
only maintenance and revision works will<br />
be carried out with the personnel on duty<br />
in our factory,” the company said in a filing<br />
with Borsa Istanbul.<br />
<strong>August</strong> <strong>2023</strong> 54
Car sales in<br />
Türkiye hit new<br />
peak in June, H1<br />
Car sales in Türkiye hit another all-time<br />
high in June, industry data showed, adding<br />
to the peaks since the beginning of the<br />
year, propelled mainly by the increase in<br />
vehicle supply.<br />
A record 110,861 passenger cars and light<br />
commercial vehicles exchanged hands<br />
last month, the <strong>Automotive</strong> Distributors<br />
and Mobility Association (ODMD) said in a<br />
statement, marking a 37.5% year-over-year<br />
increase.<br />
In contrast, around 80,652 units were<br />
sold in the same month a year ago. June<br />
followed a May record of 111,356 units,<br />
marking a 70.9% increase on an annual<br />
basis, according to the ODMD data.<br />
Demand has been notably high as<br />
depreciation in the Turkish lira and soaring<br />
prices prompt consumers to continue to<br />
opt for cars they see as a tool to safeguard<br />
themselves from high inflation.<br />
Annual inflation fell below 40% in May<br />
after touching a 24-year high above 85% in<br />
October last year.<br />
The prices of vehicles soared due to supply<br />
shortages coupled with strong demand, as<br />
well as high inflation and the depreciation<br />
in the lira, which makes imports more<br />
expensive.<br />
The currency has declined more than<br />
28% this year, largely after the economic<br />
authorities took steps since President<br />
Recep Tayyip Erdoğan was reelected on<br />
May 28, including changing course after<br />
two years of monetary easing.<br />
As part of the policy pivot, the country’s<br />
central bank increased its benchmark<br />
policy rate by 650 basis points, lifting its<br />
one-week repo rate to 15%. The monetary<br />
authority has also simplified some of<br />
the macroprudential measures it had<br />
implemented in a drive to boost the lira.<br />
Among others, sales increased amid<br />
loosening financing conditions, easing<br />
supply chain-related availability problems,<br />
and the deliveries of orders placed months<br />
ago. Passenger car sales in June jumped<br />
40.1% year-over-year to 89,833 units, while<br />
light commercial vehicle sales rose by<br />
27.3% to 21,028, the ODMD data showed.<br />
Vehicle sales from January through June<br />
also hit a record, reaching 555,867 units,<br />
an increase of 55.3% versus the first half<br />
of last year. The total sales of the past<br />
12 months amounted to approximately<br />
981,000 units, only 2,000 units below the<br />
figures seen in 2016.<br />
<strong>August</strong> <strong>2023</strong> 56
Türkiye extends, expands ‘6 months,<br />
6K kilometers’ car sales cap<br />
Türkiye has expanded and prolonged a<br />
measure aimed at reining the surge in car<br />
prices for another six months, the country’s<br />
Trade Ministry announced.<br />
The prices of vehicles in Türkiye soared due<br />
to supply shortages coupled with strong<br />
demand, as well as high inflation and the<br />
depreciation in the Turkish lira, which<br />
makes imports more expensive.<br />
Households have been seeing vehicles as<br />
an investment tool to shield themselves<br />
from soaring prices. Easing supply chainrelated<br />
availability problems have also led<br />
to increased sales since the beginning of<br />
the year.<br />
Under a regulation unveiled last year,<br />
companies, car showrooms and car rental<br />
companies had to keep the cars they<br />
acquire for six months and cover at least<br />
6,000 kilometers before being allowed to<br />
sell them.<br />
The measure has been renewed to last<br />
until January 2024 and has been expanded<br />
to cover individuals as well, the Trade<br />
Ministry said in a statement.<br />
The regulation aims at preventing unfair<br />
practices, including exorbitant prices and<br />
stockpiling, in the automotive market,<br />
particularly when it comes to the online<br />
sales of secondhand cars.<br />
Türkiye’s annual inflation had hit a 24-year<br />
high of 85.5% in October, before more than<br />
halving and lastly declining to below 40%<br />
in May.<br />
Both consumers and the government<br />
have blamed car dealers for price gouging.<br />
The government ramped up its audits to<br />
curb the prices and make vehicles more<br />
reachable. Authorities have imposed more<br />
than TL 75.17 million in fines on companies<br />
for practices such as excessive pricing and<br />
stockpiling, according to the Trade Ministry.<br />
More than TL 35 million in fines also came<br />
for violations of the “6 months, 6,000<br />
kilometers” regulation, the statement read.<br />
Car sales in Türkiye achieved their best<br />
May and five-month figures ever, according<br />
to industry data. Some 111,356 units<br />
of passenger cars and light commercial<br />
vehicles exchanged hands, marking a 70.9%<br />
year-over-year increase.<br />
Sales in the first five months of the year<br />
rose 60.5% on an annual basis to 445,006<br />
units.<br />
<strong>August</strong> <strong>2023</strong> 58
Chinese EV Skywell maker agrees deal to<br />
build Türkiye battery plant<br />
China’s technology company Skyworth has<br />
reached an investment agreement with a<br />
Turkish group to build a battery factory in<br />
Türkiye, a statement said.<br />
The manufacturer of the Skywell electric<br />
vehicle (EV) brand, Skyworth said the<br />
deal was reached with Ulubaşlar Group to<br />
develop and produce batteries, without<br />
disclosing the location of the factory.<br />
The companies will invest $25 million each<br />
in the plant that is planned to be opened<br />
by the first quarter of 2024, the statement<br />
said.<br />
The factory will manufacture batteries<br />
featuring 800V+4C super-fast charging<br />
technology architecture. This will enable a<br />
charging power to increase from 120 kW<br />
to 480 kW, allowing the vehicles to charge<br />
80% in eight minutes, according to the<br />
statement.<br />
“The battery is a key element in the<br />
transformation of the automotive market,<br />
and producing this technology here will<br />
provide Türkiye with important capabilities<br />
and will make significant contributions to<br />
the economy of our country,” said Mahmut<br />
Ulubaş, CEO of Skywell Türkiye.<br />
Ulubaş also stressed on the impact the<br />
investment would have on employment<br />
and exports.<br />
Among others, the Chinese company could<br />
also launch production of Skywell’s new<br />
models that are planned to be launched on<br />
the market within three years in Türkiye,<br />
said Ulubaş.<br />
Ulubaşlar Group’s subsidiary Ulu Motor is a<br />
distributor of Skywell operating in Türkiye<br />
and 15 other countries.<br />
Ulubaş’s remarks were echoed by Wu<br />
Longba, co-founder and CEO of Skywell,<br />
who stressed the company’s close<br />
cooperation with Ulu Motor and also noted<br />
the plans to establish an assembly line in<br />
the country.<br />
“We will initiate feasibility studies for this<br />
collaboration (battery factory) as soon as<br />
possible, which will be a significant turning<br />
point in Türkiye-China relations. We are<br />
very enthusiastic about this partnership,”<br />
he noted.<br />
“Moreover, we plan to establish a vehicle<br />
production line, bring spare parts supply<br />
system to Türkiye, and manufacture certain<br />
components here,” he said.<br />
“We anticipate various future business<br />
partnerships with Ulu Motor throughout<br />
these processes. Our objective is to<br />
contribute to the development of Türkiye’s<br />
new energy vehicle industry technology<br />
and capacity.”<br />
<strong>August</strong> <strong>2023</strong> 62
Ex-Audi boss<br />
avoids jail time<br />
after ‘dieselgate’<br />
confession<br />
Ex-Audi CEO Rupert Stadler received a<br />
suspended sentence and a fine at the end<br />
of his “dieselgate” trial in Germany, making<br />
him the first high-ranking executive to be<br />
convicted over the emissions cheating<br />
scandal that rocked the car industry in<br />
2015.<br />
In line with a plea deal agreed, Stadler<br />
avoided jail time in return for admitting<br />
fraud by negligence.<br />
The Munich district court instead handed<br />
Stadler a suspended sentence of one year<br />
and nine months and ordered him to pay a<br />
fine of 1.1 million euros ($1.2 million).<br />
The 60-year-old admitted in May that he<br />
allowed vehicles potentially equipped with<br />
manipulating software to remain on sale<br />
even after learning of the scam.<br />
German car giant Volkswagen – whose<br />
subsidiaries include Porsche, Audi, Skoda<br />
and Seat – plunged into crisis after<br />
admitting in September 2015 that it had<br />
installed software to rig emission levels in<br />
11 million diesel vehicles worldwide.<br />
The so-called defeat devices made the<br />
vehicles appear less polluting in lab tests<br />
than they were on the road.<br />
Throughout his trial, which started in 2020,<br />
Stadler had denied wrongdoing.<br />
But last month at his trial in the southern<br />
German city, his lawyer said Stadler had<br />
“neglected” to inform business partners<br />
that cars with so-called defeat devices were<br />
still going on the market.<br />
Volkswagen had always insisted that the<br />
diesel trickery was the work of a handful of<br />
lower-level employees acting without the<br />
knowledge of their superiors.<br />
Stadler himself was not accused of<br />
instigating the scam. But German<br />
prosecutors say, Stadler, even after learning<br />
of the scam, allowed thousands more<br />
vehicles with defeat devices to be sold until<br />
early 2018.<br />
Stadler had been Audi’s chief executive for<br />
11 years when he was arrested in 2018. He<br />
was also a member of the management<br />
board at Volkswagen Group.<br />
He spent four months in pre-trial detention<br />
owing to prosecution concerns that he<br />
would try to influence witnesses.<br />
His co-defendant Wolfgang Hatz, a former<br />
Audi and Porsche manager, was handed a<br />
two-year suspended sentence and fined<br />
400,000 euros.<br />
Hatz, who at one point was head of<br />
engine development at Audi, pleaded<br />
guilty in April. He admitted to judges that<br />
he had helped arrange the installation of<br />
emissions-cheating software.<br />
Another co-defendant, an Audi engineer<br />
who previously confessed, was given a<br />
21-month suspended sentence and a<br />
50,000 euro fine. Volkswagen’s former CEO<br />
Martin Winterkorn was also supposed to<br />
stand trial for fraud over the scandal, but<br />
his case has been indefinitely postponed<br />
due to his poor health.The “dieselgate”<br />
saga shocked Germany and is the country’s<br />
biggest post-war industrial scandal.<br />
It has already cost VW around 30<br />
billion euros in fines, legal costs and<br />
compensation to car owners, mainly<br />
in the United States. The fallout has<br />
also accelerated the development of<br />
environmentally friendly electric vehicles,<br />
requiring huge investments in a tough<br />
economic climate.<br />
<strong>August</strong> <strong>2023</strong> 64
Türkiye’s path to price stability to<br />
be gradual but steadfast<br />
Treasury and Finance Minister Mehmet<br />
Şimşek reiterated the Türkiye’s commitment<br />
to curb price increases and ensure financial<br />
stability, a day after the central bank hiked<br />
its key policy rate for the first time in over<br />
two years.<br />
The central bank raised its one-week repo<br />
rate by a hefty 650 basis points to 15% ,<br />
marking a change in course after two years<br />
of monetary easing in which the key policy<br />
rate had been cut to 8.5% from 19% in 2021.<br />
Addressing reporters in Ankara, Şimşek, who<br />
is highly regarded by financial markets, said:<br />
“The path toward price stability is going to<br />
be gradual but steadfast.”<br />
“Our economic policies aim to achieve price<br />
stability and financial stability in the short<br />
term,” Şimşek said before departing for<br />
Istanbul. “We are determined to reach these<br />
objectives.”<br />
The central bank said it would go further “in<br />
a timely and gradual manner” after its first<br />
meeting under the new Governor Hafize<br />
Gaye Erkan, whom President Recep Tayyip<br />
Erdoğan appointed after his election victory<br />
last month.<br />
The bank’s monetary policy committee said<br />
the tightening “will be further strengthened<br />
as much as needed ... until a significant<br />
improvement in the inflation outlook is<br />
achieved.”<br />
Annual inflation eased to below 40% in<br />
May after touching a 24-year high of above<br />
85% in October last year. The central bank<br />
said inflation will come under further<br />
pressure. In his comments, Erdoğan said he<br />
approved the steps Şimşek would undertake<br />
in coordination with the central bank,<br />
suggesting he had given the green light to<br />
rate hikes to combat inflation.<br />
“As stated in the central bank’s<br />
announcement, this is a process,” said<br />
Şimşek. “We will manage this process<br />
gradually and with determination.”<br />
In his remarks after the rate hike, the<br />
minister said predictable economic policies<br />
based on the market economy, a free<br />
exchange rate regime and an inflationtargeting<br />
model would enable capital<br />
inflows and stabilize the Turkish lira.<br />
Price stability and financial stabilityoriented<br />
monetary policy will also support<br />
the implementation of economic policies,<br />
Şimşek said on Twitter.<br />
<strong>August</strong> <strong>2023</strong> 66
GOS Brake shapes the automotive industry<br />
with innovation and leadership<br />
Always pioneering in the automotive sector and leading the industry with its<br />
innovations, GOS Brake continues to grow.<br />
GOS, which covers many areas thanks to its wide product range,<br />
ensures that every project is completed flawlessly with its<br />
professional engineers and continuously improves its technology<br />
with its R&D unit working at the international level, adds value to the<br />
infrastructure in its factory at the same level. It offers production with<br />
true professionalism by providing all the requirements of the modern<br />
world. With its quality and talented team and foreign trade teams<br />
that prioritize customer satisfaction, it delivers its production quality<br />
to all over the world.<br />
GOS Brake, which continuously expands its capacity every year,<br />
continues its journey to the future with its high quality by increasing<br />
its investments.<br />
<strong>August</strong> <strong>2023</strong> 68
Smart vehicles, long battery life, fast charging on the agenda<br />
Ford Otosan, a joint venture of Koç Holding,<br />
Türkiye’s largest conglomerate, and U.S.<br />
automotive giant Ford, is revamping<br />
its engagement with cutting-edge<br />
technologies that promise to revolutionize<br />
the future of mobility and software.<br />
To showcase its commitment, the carmaker<br />
recently hosted a series of events organized<br />
by its corporate venture capital company<br />
Driventure, centered around smart<br />
vehicles, long-lasting battery technologies<br />
and rapid mobile charging solutions.<br />
The Drivevent series spanned across three<br />
different sessions held at Ford Otosan’s<br />
facilities in Gölcük, Eskişehir and Istanbul’s<br />
Sancaktepe. The primary goal of these<br />
sessions was to provide entrepreneurs with<br />
valuable networking opportunities and<br />
foster the exchange of ideas, expertise, and<br />
insights among participants.<br />
This reiterates the aim of Driventure, the<br />
corporate risk capital company established<br />
to support initiatives that will shape the<br />
future of the automotive industry and<br />
mobility, to explore next-generation<br />
technologies and applications.<br />
The first of the events took place in<br />
Gölcük on June 7, followed by Eskişehir<br />
on June 8 and Sancaktepe Research and<br />
Development Center in Istanbul on June 20.<br />
Participants at the event, where<br />
professional connections were established<br />
between Ford Otosan leaders and<br />
entrepreneurs, exchanged information on<br />
new technologies, market changes, and<br />
customer expectations.<br />
Participants pose for a photo during the<br />
Driventure event in the Gölcük district of<br />
Kocaeli, Türkiye, June 7, <strong>2023</strong>. (Courtesy of<br />
Ford Otosan)<br />
Ford Otosan’s Growth and Smart Mobility<br />
Business Area Leader Canalp Gündoğdu<br />
said the company’s commitment to<br />
embracing innovation through Driventure<br />
demonstrates its dedication to staying at<br />
the forefront of the automotive industry.<br />
“The Drivevent events have emerged<br />
as invaluable platforms where we come<br />
together with visionary entrepreneurs,<br />
exchange ideas, and become pioneers in<br />
technological advancements. By bridging<br />
established companies and new startups,<br />
these events promote an ecosystem<br />
where different perspectives converge<br />
and produce transformative change,”<br />
Gündoğdu noted.<br />
Focus on customer expectations<br />
İlknur İlkyaz Gül, general manager of<br />
Driventure, said the ecosystem fostered<br />
by the corporate venture capital company<br />
is of great importance in their quest for<br />
transformation in the industry.<br />
“Our primary goal is to produce a<br />
successful community consisting of<br />
startups that promote innovation in<br />
the automotive and mobility sectors.<br />
Ford Otosan’s Drivevent, which brings<br />
together key figures and entrepreneurs,<br />
has provided an invaluable platform for<br />
establishing professional connections.<br />
Through these events, we are providing<br />
an environment for sharing knowledge<br />
where new technologies, market changes<br />
and customer expectations are explored<br />
together,” said Gül.<br />
Drivenventure plans to hold a<br />
comprehensive event in September<br />
that will embrace the entire Turkish<br />
entrepreneurship ecosystem. It aims to<br />
support initiatives inspired by innovative<br />
ideas and technologies.<br />
Established as Türkiye’s first venture capital<br />
company in the automotive main industry<br />
in 2019, Driventure supports innovative<br />
and technology-based startups at the seed<br />
or early-stage level in the areas of smart<br />
mobility, electrification, connected and<br />
autonomous vehicle technologies, Industry<br />
4.0, customer experience in the automotive<br />
industry and sustainability. By closely<br />
monitoring the entrepreneurial ecosystem<br />
and expanding the startup pool every day,<br />
Driventure made contact with a total of<br />
571 startups in 2022 and collaborated with<br />
16 of them. The company is engaged in<br />
projects to increase Ford Otosan’s agility<br />
in terms of new business development<br />
and support internal entrepreneurship.<br />
It also aims to produce a strategic<br />
competitive advantage for the carmaker<br />
and gain market knowledge and insights.<br />
The startups supported by Driventure<br />
can benefit from Ford Otosan’s extensive<br />
research and development organization,<br />
as well as its experience and engineering<br />
expertise, enabling them to accelerate their<br />
growth journey.<br />
<strong>August</strong> <strong>2023</strong> 70
Toyota announces initiative for<br />
solid state batteries<br />
Toyota plans to make an all solid-state<br />
battery as part of its ambitious plans for<br />
battery electric vehicles, the company<br />
said, amid mounting criticism Japan’s<br />
top automaker needs to do more to fight<br />
climate change. Toyota Motor Corp. aims<br />
for a commercial solid-state battery as<br />
soon as 2027. Charging time, one of the<br />
main drawbacks of electric vehicles, will<br />
get shortened to 10 minutes or less, the<br />
company said in a statement.It plans to<br />
deliver 1.5 million EVs in 2026 by expanding<br />
its battery EV lineup and developing<br />
technology.<br />
EV owners usually have charging stations<br />
in their homes and keep their cars plugged<br />
in overnight to recharge. That’s one of the<br />
main reasons Toyota has long insisted that<br />
hybrids are a better solution.<br />
A hybrid recharges as the car runs, but it<br />
also has a gasoline engine in addition to an<br />
electric motor. Toyota President Koji Sato<br />
has said the company must play catchup<br />
after falling behind in the EV sector.<br />
In its latest announcement, Toyota said it<br />
was also working on innovating lithium-ion<br />
batteries, the battery type now in most EVs,<br />
and wants to offer new affordable options.<br />
<strong>August</strong> <strong>2023</strong> 72
Derin Otomotiv is<br />
proud of a successful<br />
history with best hoses<br />
Ahmet Erim, proprietor of the Derin Otomotiv<br />
The company serves its customers in<br />
line with its 24 years of knowledge and<br />
experience in the automotive sector. “Our<br />
primary goal is to be the most respected<br />
company in the sector with our principled,<br />
dynamic and self-sacrificing structure<br />
on the way we set out with a focus on<br />
customer satisfaction,” says Ahmet Erim,<br />
proprietor of the company. “Adaptation to<br />
today’s changing and developing market<br />
conditions can only be achieved through<br />
continuous development, and we direct<br />
our investments with this awareness.<br />
By combining the quality products of oil<br />
pressure sensors product groups with our<br />
plastic and rubber productions under our<br />
own brand DRN, we undertake marketing<br />
and distribution of a wide variety of<br />
products.” We asked more details about<br />
the operations of the firm to Ahmet Erim,<br />
owner of Derin Otomotiv.<br />
Please introduce yourself and your<br />
company briefly?<br />
I entered the rubber industry for the first<br />
time in 1994. My journey, which began<br />
with the manufacturing of auto wiper<br />
blades, continued with rubber hose<br />
production, and now we are engaged in the<br />
production of polyamide hoses and plastic<br />
quick connectors. As Derin <strong>Automotive</strong>,<br />
we are actively participating in the rapidly<br />
changing and evolving automotive sector<br />
by developing innovative solutions based<br />
on our knowledge and experience. We<br />
prioritize quality and ensure consistency in<br />
our products.<br />
What products do you have in your<br />
product portfolio and what are<br />
the distinguishing factors of these<br />
products? What kind of efforts do<br />
you have in product development<br />
and R&D?<br />
Our product portfolio consists of the<br />
following items: Rubber fuel hoses,<br />
rubber water hoses, silicone turbo hoses,<br />
rubber-coated wire-reinforced air hoses,<br />
low-pressure mandrel water hoses, metal<br />
hose clamps, axle boot clamps, injector<br />
return kits (for various vehicles), quick<br />
connectors, various o-ring types, iron hose<br />
fittings (straight, L, T, Y types), and shaped<br />
Polyamide hoses.<br />
The standout factors in our products<br />
include their high quality, durability, and<br />
performance. We prioritize using top-grade<br />
materials and advanced manufacturing<br />
techniques to ensure that our hoses,<br />
connectors, and other products meet<br />
rigorous industry standards. Our focus<br />
on innovation and adapting to market<br />
demands allows us to stay competitive in<br />
the industry.<br />
In terms of product development and<br />
research, we have an active approach. Our<br />
R&D efforts are dedicated to improving<br />
existing products and designing new<br />
ones that cater to the evolving needs<br />
of our customers and the industry. We<br />
collaborate with experts, employ cuttingedge<br />
technology, and continuously strive<br />
to enhance the efficiency, safety, and<br />
functionality of our products.<br />
What are the features that set you<br />
apart from your competitors?<br />
We stand out with our technical<br />
knowledge and working skills. Our product<br />
quality, pricing strategy, and meticulous<br />
approach from informing the customer<br />
to order processing and delivery are our<br />
advantages.<br />
What distinguishes you from your<br />
competitors?<br />
We differentiate ourselves through our<br />
technical expertise and operational skills.<br />
Our product quality, pricing strategy, and<br />
meticulous approach, from customer<br />
communication to order processing and<br />
delivery, serve as our strengths.<br />
<strong>August</strong> <strong>2023</strong> 74
Electric car<br />
makers race<br />
for supplies<br />
of lithium for<br />
batteries<br />
Threatened by possible shortages of lithium<br />
for electric car batteries, automakers are<br />
racing to lock in supplies of the onceobscure<br />
“white gold” in a politically and<br />
environmentally fraught competition from<br />
China to Nevada to Chile.<br />
General Motors and the parent company<br />
of China’s BYD Auto went straight to the<br />
source and bought stakes in lithium miners,<br />
a rare step in an industry that relies on<br />
outside vendors for copper and other raw<br />
materials.<br />
Others are investing in lithium refining or<br />
ventures to recycle the silvery-white metal<br />
from used batteries.<br />
A shortfall in lithium supplies would be<br />
an obstacle for government and industry<br />
plans to ramp up sales to tens of millions of<br />
electric vehicles a year.<br />
It is fueling political conflict over resources<br />
and complaints about the environmental<br />
cost of extracting them.<br />
Ford Motor has signed contracts stretching<br />
up to 11 years into the future with lithium<br />
suppliers on two continents. Volkswagen<br />
and Honda are trying to reduce their need<br />
for freshly mined ore by forming recycling<br />
ventures.<br />
Global lithium output is on track to triple<br />
this decade, but sales of electric SUVs,<br />
sports cars and sedans that rose 55 percent<br />
last year threaten to outrun that.<br />
Each battery requires about eight kilograms<br />
of lithium, plus cobalt, nickel and other<br />
metals.Adding to uncertainty, lithium has<br />
emerged as another conflict in strained<br />
U.S.-Chinese relations.<br />
Beijing, Washington and other<br />
governments see metal supplies for<br />
electric vehicles as a strategic issue and are<br />
tightening controls on access.<br />
Other governments including Indonesia,<br />
Chile and Zimbabwe are trying to maximize<br />
their return on deposits of lithium, cobalt<br />
and nickel by requiring miners to invest in<br />
refining and processing before they can<br />
export.<br />
GM is buying direct access to lithium by<br />
investing $650 million in the Canadian<br />
developer of a Nevada mine. In return, GM<br />
says it will get enough for 1 million vehicles<br />
a year. BYD Auto’s parent company, battery<br />
maker BYD Co., has announced more than<br />
$5 billion in investments in lithium mining<br />
and refining over the past 18 months.<br />
Despite rising output, the industry may face<br />
shortages of lithium and cobalt as early as<br />
2025 if enough isn’t invested in production,<br />
according to Leonardo Paoli and Timur Gul<br />
of the International Energy Agency.<br />
“Supply side bottlenecks are becoming<br />
a real challenge,” said Paoli and Gul in a<br />
report last year.<br />
Alastair Bedwell of GlobalData said miners<br />
are reluctant to “go all out” on lithium<br />
until they are sure the industry won’t<br />
switch to batteries made with other<br />
metals.<br />
Developing lithium sources is a yearslong<br />
process.<br />
Mines that came online in 2010-19 took<br />
on average more than 16 years from<br />
discovery to the start of production,<br />
according to Paoli and Gul of the IEA.<br />
“These long lead times raise questions<br />
about the ability of supply to ramp up,”<br />
they wrote.<br />
Worldwide lithium resources are<br />
estimated at 80 million tons by the U.S.<br />
Geological Survey.<br />
Bolivia’s are the biggest at 21 millions<br />
tons, followed by Australia with 17 million<br />
and Chile with 9 million. China has 4.5<br />
million tons of known reserves and the<br />
United States has 1 million.<br />
Forecasts of annual global production<br />
range as high as 1.5 million tons by 2030.<br />
But demand, if EV sales keep rising at<br />
double-digit annual rates, is forecast to<br />
increase to up to 3 million tons.<br />
<strong>August</strong> <strong>2023</strong> 76
Türkiye’s Akkuyu NPP progressing to boost<br />
economy, power supply<br />
Construction of Türkiye’s first nuclear<br />
power plant, the Akkuyu Nuclear Power<br />
Plant (NPP) in southern Mersin province,<br />
is progressing at an impressive pace. Denis<br />
Sezemin, the production and construction<br />
organization director of the power plant,<br />
has confirmed that the first unit is on track<br />
to be completed this year.<br />
Once operational, the plant is expected<br />
to significantly contribute to the country’s<br />
budget, estimated at $50 billion (TL 1.296<br />
trillion) over the lifespan of all four power<br />
units.<br />
The Akkuyu NPP project is important for<br />
Türkiye as it aims to supply 10% of the<br />
country’s electricity.<br />
Construction efforts are focused on four<br />
key areas, and significant progress has<br />
been made. In Unit 1, which received<br />
nuclear fuel in April, the final touches<br />
are being made to ensure its completion<br />
this year. Unit 2 has also seen notable<br />
advancements, including the installation of<br />
the core holder and the concreting of the<br />
foundation plates for the reactor section<br />
and turbine building.<br />
In Unit 3, the foundations of the reactor<br />
building and turbine building were<br />
concreted. In Unit 4, excavation was carried<br />
out for the main power unit facilities.<br />
Currently, the project is in its most active<br />
phase, with a total of 560 different<br />
buildings and facilities being constructed<br />
on-site. In addition to the main power plant<br />
structures, the construction of the training<br />
center is also underway, which will serve as<br />
a crucial facility for training and certifying<br />
nuclear power plant employees before they<br />
commence their duties.<br />
Regarding the fuel reaching the field in<br />
April, Sezemin said it had been safely<br />
stored in a dedicated fresh fuel storage<br />
facility.<br />
When Unit 1 is ready for loading, experts<br />
will carefully transfer the fuel into the<br />
reactor, he said, noting that this will initiate<br />
the physical start-up process, which is a<br />
critical stage in the unit’s life.<br />
During this phase, the reactor is gradually<br />
brought to a controllable minimum power<br />
level, signifying a significant step forward in<br />
the plant’s operational readiness.<br />
The VVER-1200 reactor technology used in<br />
Akkuyu NPP is the most sought-after, safe,<br />
modern and proven technology, Sezemin<br />
went on to say. Currently, six power units<br />
with VVER-1200 reactors are in operation<br />
in the world. The units belong to the latest<br />
safety class “3+.” Forty percent of the cost<br />
of NPPs consists of security systems.<br />
About the facility’s contribution to<br />
the Turkish economy, Sezemin said:<br />
“During the operation of the four power<br />
units, approximately $50 billion will be<br />
contributed to the Turkish budget. The<br />
cumulative impact of the project on total<br />
gross domestic product (GDP) will exceed<br />
this amount. During the 60-year life of the<br />
power plant, Türkiye will receive a portion<br />
of the revenue from electricity sales.<br />
Fifteen years after the commissioning of<br />
each unit, 20% of the net profit share from<br />
the sale will be brought into the economy.”<br />
Sezemin also said that the Akkuyu NPP<br />
project employs more than 26,000 people.<br />
“This is a huge number of jobs even on<br />
a national scale, let alone the region.<br />
When all four units are put into operation,<br />
approximately 4,000 people will only be<br />
employed as operating personnel. The<br />
influx of workers and specialists into the<br />
region means an increase in the solvent<br />
population and, thus employmentin other<br />
sectors. This will increase the demand<br />
for goods and services in the region and<br />
will ensure the development of hotel<br />
management,” he said. Answering a<br />
question on how active Turkish companies<br />
are in the joint Russian-Turkish project,<br />
Sezemin said Turkish companies supply<br />
materials, equipment and services for the<br />
project, carry out various construction and<br />
assembly works, and transport equipment<br />
around the construction site.<br />
“Approximately 40% of the total project<br />
work will be done by Turkish companies.<br />
Turkish builders and designers make<br />
significant contributions to the project.<br />
The complex was designed due to the joint<br />
work of Turkish and Russian engineers.<br />
Turkish industry is also actively involved<br />
in the project; most of the construction<br />
materials at the construction sites are<br />
Turkish-made,” he noted.<br />
<strong>August</strong> <strong>2023</strong> 78
Central Bank<br />
head highlights<br />
confidence<br />
in Türkiye’s<br />
inflation fight<br />
Türkiye’s newly-appointed central bank<br />
Governor Hafize Gaye Erkan said there<br />
is confidence in the government’s<br />
determination to fight inflation, as all units<br />
are striving to deal with the problem.<br />
After meeting with the leadership of the<br />
Turkish Banks Association, Erkan told<br />
reporters in Istanbul that they had a very<br />
productive discussion with the banking<br />
sector. They were briefed on the sector’s<br />
issues and their requests to simplify the<br />
macroprudential framework, said Erkan,<br />
who was appointed following Recep Tayyip<br />
Erdoğan’s victory in Türkiye’s May 28<br />
presidential runoff.<br />
She expressed confidence that all economic<br />
units are working hard to combat inflation<br />
in line with the government’s economic<br />
targets, adding, “I am sure that we will<br />
tackle this in a stable, determined and goaloriented<br />
manner.”<br />
Erkan stressed the importance of price<br />
stability for financial stability, explaining<br />
that they would combat inflation by<br />
ensuring both price stability and financial<br />
stability. Finance Minister Mehmet Şimşek<br />
said Türkiye’s path to price stability would<br />
be gradual but steadfast.<br />
Annual inflation eased to below 40% in<br />
May after touching a 24-year high of above<br />
85% in October last year. The Central Bank<br />
of the Republic of Türkiye (CBRT) said<br />
inflation will come under further pressure.<br />
<strong>August</strong> <strong>2023</strong> 80
MYS Logistics<br />
handles with<br />
care with<br />
30 years of<br />
experience<br />
MYS Logistics company is specialized<br />
in customs clearance, vehicle tracing,<br />
accounting, document transactions,<br />
insurance, vehicle inspection, etc.<br />
especially to and from Georgia with its<br />
branch offices in Hopa-Artvin and Batumi-<br />
Georgia. We made an interview with Murat<br />
Kaya, proprietor of the company for further<br />
details:<br />
Would you briefly introduce yourself<br />
and MYS Logistics?<br />
I was born in Artvin in 1985. I started in<br />
the logistics industry as a transportation<br />
person at Bursa Truck Garage in 2001. MYS<br />
Logistics is a Georgian and Turkish flagged<br />
firm. We are basically in the sector since<br />
1970. We, as Kaya family, have been in the<br />
transportation industry from generation<br />
to generation. Myself, as a person in the<br />
family with years of experience, have<br />
been serving as a young professional.<br />
Our company has been rendering quality<br />
service through its branches is Batumi-<br />
Georgia, Hopa-Artvin and İnegöl-Bursa and<br />
its young and dynamic team.<br />
Through our accounting and consultancy<br />
firm in Batumi, we offer services to those<br />
friends who want to invest in Georgia<br />
through our professional and experienced<br />
team. I have a certified public accountant<br />
and four other accountants in our Batumi<br />
office to offer full service to investors.<br />
What do you have in your product<br />
range and what are the important<br />
factors in these mention to worthy?<br />
What kinds of studies do you have in<br />
R&D and product development fields?<br />
We are at the service of our customers<br />
with a fleet of 10, five of which are truck<br />
trailers of 120 m 2 , three of which are 105<br />
m3, two of which are refrigerated.<br />
What are your superiorities over<br />
your competitors?<br />
The difference between us and our<br />
competitors is due to our company<br />
being passed down from generation to<br />
generation. This has led to our experienced,<br />
trustworthy, and innovative team, along<br />
with the presence of representatives in the<br />
countries where we operate.<br />
Do you have investment plans for<br />
the short, medium and long run?<br />
We are planning to renew and develop our<br />
vehicle fleet and increase the number of<br />
our team.<br />
<strong>August</strong> <strong>2023</strong> 82
Over 30M US drivers unaware of<br />
potential deadly airbag explosion<br />
Over 33 million individuals in the United<br />
States are currently driving vehicles<br />
equipped with airbag inflators that pose a<br />
potential fatality risk. These inflators have<br />
the rare possibility of exploding during a<br />
collision a releasing dangerous shrapnel.<br />
And only a tiny fraction of drivers know it.<br />
And because of a dispute between federal<br />
safety regulators and an airbag parts<br />
manufacturer, they aren’t likely to find out<br />
anytime soon.<br />
The National Highway Traffic Safety<br />
Administration (NHTSA) is demanding<br />
that the manufacturer, ARC <strong>Automotive</strong><br />
of Knoxville, Tennessee, recall 67 million<br />
inflators that could explode with such force<br />
as to blow apart a metal canister and expel<br />
shrapnel. But ARC is refusing to do so,<br />
setting up a possible court fight with the<br />
agency.<br />
NHTSA argues that the recall is justified<br />
because two people have been killed<br />
in the United States and Canada and at<br />
least seven others have been injured by<br />
ARC’s inflators. The explosions, which<br />
first occurred in 2009, have continued as<br />
recently as this year.<br />
After an investigation that lasted for eight<br />
years, NHTSA tentatively concluded that<br />
the inflators are defective. The agency’s<br />
documents show that the inflators<br />
date from at least the 2002 model year<br />
to January 2018, when ARC installed<br />
equipment on its manufacturing lines that<br />
could detect potential safety problems.<br />
One of those who died was Marlene<br />
Beaudoin, a 40-year-old mother of 10<br />
from Michigan’s Upper Peninsula who<br />
was struck by metal fragments when her<br />
2015 Chevrolet Traverse SUV was involved<br />
in a minor crash in 2021. She and four of<br />
her sons had been on their way to get ice<br />
cream. The sons were not hurt.<br />
ARC maintains that no safety defect<br />
exists, that NHTSA’s demand is based<br />
on a hypothesis rather than technical<br />
conclusions and that the agency has no<br />
authority to order a parts manufacturer to<br />
carry out recalls, which ARC contends are<br />
the responsibility of automakers.<br />
In a letter to NHTSA, ARC said no<br />
automaker had found a defect common to<br />
all 67 million inflators, and no root cause<br />
has been identified in the inflator ruptures.<br />
“ARC believes they resulted from random<br />
‘one-off’ manufacturing anomalies that<br />
were properly addressed by vehicle<br />
manufacturers through lot-specific recalls,”<br />
the letter said.<br />
In a statement, NHTSA indicated that<br />
<strong>August</strong> <strong>2023</strong> 84
oth ARC and automakers are responsible<br />
for recalls and that it can seek a recall<br />
from a parts maker that supplies multiple<br />
automakers.<br />
The next step is for NHTSA to issue a<br />
final ruling on whether the inflators are<br />
defective, then hold a public hearing. It<br />
potentially could take ARC to court to seek<br />
a recall order. NHTSA would not say when<br />
or whether any of this will happen.<br />
In the meantime, owners of vehicles made<br />
by at least a dozen automakers – Chevrolet,<br />
Buick, GMC, Ford, Toyota, Stellantis,<br />
Volkswagen, Audi, BMW, Porsche, Hyundai<br />
and Kia – are left to wonder anxiously<br />
whether their vehicles contain driver or<br />
front passenger inflators made by ARC.<br />
(Some vehicles have ARC inflators on both<br />
sides.)<br />
Because ARC supplies inflators that are<br />
included in other manufacturers’ airbags,<br />
there’s no easy way for vehicle owners<br />
to determine whether their inflators are<br />
made by ARC. Neither NHTSA nor ARC nor<br />
the automakers have released a full list<br />
of affected models.The standoff with ARC<br />
has sent automakers struggling to find out<br />
just how many of their vehicles contain<br />
the inflators. The auto manufacturers are<br />
also asking NHTSA whether they must start<br />
doing recalls. Automakers know many of<br />
the models affected. But many say they’re<br />
still gathering information from later model<br />
years to determine which vehicles contain<br />
the affected inflators.<br />
“We are still investigating,” said Maria<br />
Buczkowski, a spokesperson for Ford. “We<br />
have not had any ARC airbag inflators<br />
rupture in the field.”<br />
James Bell, a Kia spokesperson, said, “We<br />
do not have a final count on vehicles that<br />
were built with ARC inflators, but the team<br />
is collecting the data.”<br />
Toyota confirmed that some of its vehicles<br />
have ARC inflators but wouldn’t comment<br />
further.<br />
Other automakers said they were trying<br />
to find a cause and were working with the<br />
government or didn’t respond to requests<br />
for information.<br />
NHTSA contends that byproducts from<br />
welding during manufacturing can clog<br />
a vent inside the inflator canister that’s<br />
designed to let gas escape to fill airbags<br />
quickly in a crash. Pressure can build to the<br />
point where the canister is blown apart.<br />
Michael Brooks, executive director of the<br />
nonprofit Center for Auto Safety, called on<br />
NHTSA and the automakers to release a list<br />
of affected models.<br />
“Customers, I think, have a right to know<br />
if there’s a potential defect in their car,<br />
particularly if it’s sitting a few inches from<br />
their chest and can explode,” Brooks said.<br />
The situation, he said, is reminiscent of the<br />
early stages of the Takata airbag inflator<br />
recalls in 2001. It took years for all the<br />
affected vehicle models to be announced.<br />
Both ARC and Takata used ammonium<br />
nitrate to inflate airbags. Takata’s situation<br />
was more dangerous, Brooks said,<br />
because, in its inflators, the chemical could<br />
deteriorate over time when exposed to<br />
high heat and humidity. Unlike Takata,<br />
ARC uses ammonium nitrate only as a<br />
secondary chemical to inflate airbags.<br />
ARC’s problem appears to derive instead<br />
from a manufacturing defect.<br />
From 2017 to 2022, the ARC problems<br />
triggered seven small recalls from<br />
automakers. The same day NHTSA<br />
announced its action against ARC, General<br />
Motors announced the recall of nearly 1<br />
million more.<br />
The company said it’s recalling certain<br />
2014 through 2017 GMC Acadia, Chevy<br />
Traverse and Buick Enclave SUVs because<br />
the ARC inflators can explode. The recall<br />
came after GM was told this year that the<br />
driver’sairbagg ruptured in a 2017 Traverse.<br />
GM, which says it doesn’t know what<br />
caused the inflator to explode, has hired an<br />
engineering firm to help investigate.<br />
“We disagree with NHTSA’s new sweeping<br />
request when extensive field testing has<br />
found no inherent defect,” ARC said in<br />
a statement. While the recall demand is<br />
being sorted out, Brooks of the Center for<br />
Auto Safety recommends that owners of<br />
vehicles from the 12 affected brands insist<br />
dealers disclose whether their particular<br />
vehicle contains an ARC inflator.<br />
“The more customers who complain,<br />
the more pressure that puts on the<br />
manufacturers,” he said.<br />
<strong>August</strong><br />
<strong>2023</strong><br />
86
Kaya Plastik <strong>Automotive</strong> supplies a wide<br />
variety of spare parts for 45 years<br />
Kaya Plastik <strong>Automotive</strong> has been offering<br />
products such as reservoir & water tank,<br />
bumper plastic, gear knob, dipstick, glove<br />
box cover, rear fog lights, door inner and<br />
outer opening handle, engine top cover,<br />
signal lamps, reflectors, lock buttons,<br />
ceiling lamp etc. The company has a fame<br />
of being reliability in business. We asked<br />
the details of their services to Aydın<br />
Kaya, general manager of Kaya Plastik<br />
<strong>Automotive</strong>.<br />
Can you talk about the<br />
establishment of your company<br />
and the developments that were<br />
effective in entering the automotive<br />
spare parts sector?<br />
Our company first entered the sector in<br />
1978 and has been continuing as one of the<br />
leading producers of the sector for many<br />
years. The automotive sector is very lively,<br />
dynamic and one of the leading sectors of<br />
both Turkey and the world.<br />
<strong>August</strong> <strong>2023</strong> 88
We preferred to produce and export with<br />
our manufacturer identity. We continue<br />
to carry on the beginning we made many<br />
years ago. With our 45 years of experience,<br />
we have gone through many processes<br />
and gained a lot of experience. It gives us<br />
pleasure and pleasure to produce with the<br />
constantly changing and renewed brands<br />
and models of the sector, which is open to<br />
development, and to follow the trends in<br />
the world. As long as we work and produce,<br />
we are happy and enjoyable.<br />
Can you give information about the<br />
product variety and features?<br />
We have more than 500 products. These<br />
products include reservoir & water tank,<br />
bumper plastic, gear knob, dipstick,<br />
glove box cover, rear fog lights, door<br />
inner and outer opening handle, engine<br />
top cover, signal lamps, reflectors, lock<br />
buttons, ceiling lamp etc. We have many<br />
products such as ..... While determining<br />
the projection of our products, we decide<br />
by looking at the needs of both the<br />
domestic and foreign markets, their sales<br />
volumes and the competitive situation.<br />
The demands of our products are high due<br />
to their high quality, competitive prices,<br />
continuous production and high customer<br />
satisfaction. We have deep-rooted<br />
communication and business partnerships<br />
with our domestic and international<br />
customers. It is one of our top priorities to<br />
constantly send goods, that is, not to leave<br />
our customers without products and to<br />
keep in touch with them. We are increasing<br />
our portfolio on both volume and product<br />
basis day by day and we are investing in the<br />
coming days.<br />
What can you say about your<br />
production facility and R&D studies?<br />
Our production and administrative<br />
buildings are in the same place. Of course,<br />
we see a lot of benefits from this. We<br />
affect everything faster and faster, and<br />
production is a very lively and dynamic<br />
structure with continuity. Producing a<br />
product from raw materials is both a very<br />
enjoyable and exciting point. We have been<br />
in production since our childhood.<br />
We have been living the process from raw<br />
material to finished product for 44 years,<br />
and we are proud of it again with each<br />
production. We see the benefit of our<br />
experience in this direction. I’ve been with<br />
the company our father founded for the<br />
last 30 years and it’s great to see it grow.<br />
Which countries do you export to,<br />
which ones do you want to include<br />
in your export network?<br />
We are currently exporting to many<br />
countries in these continents and regions,<br />
including Europe, South America, North<br />
America, Russia, the Balkans, and North<br />
Africa. Our aim is to introduce our own<br />
products to countries that we have not<br />
yet reached and have not been able to<br />
introduce our products to. In this direction,<br />
our door is open to all wholesalers and<br />
distributors. Meeting and working with<br />
new customers is one of our biggest sales<br />
goals. All our domestic and international<br />
customers are very valuable and valuable<br />
to us. We care about your ideas and<br />
thoughts. We receive and evaluate your<br />
feedback.<br />
What are the fairs you have<br />
attended or are planning to attend<br />
in Turkey and abroad?<br />
Every year we work on fairs, trips abroad<br />
and marketing. There were 4 fairs we<br />
targeted for <strong>2023</strong>. We participated in<br />
some of them and we will attend some of<br />
them until the end of the year. Fairs we<br />
will attend in <strong>2023</strong> are Equip Auto Algeria,<br />
Automecahnica Birmingham, Expopartes<br />
Colombia and Auto Tech Cairo.<br />
Can you evaluate your location in<br />
terms of conditions such as raw<br />
materials and distribution?<br />
You know, Istanbul is the center of trade.<br />
We do not have any problems in terms of<br />
both production and logistics. The worker<br />
problem can occur in our country from<br />
time to time, as it is in the whole country.<br />
There are no problems with finding<br />
suppliers or shipping raw materials or<br />
ports.<br />
Aydın Kaya,General Manager of Kaya Plastik <strong>Automotive</strong><br />
Can you comment on the positive<br />
and negative aspects of the<br />
automotive spare parts industry in<br />
terms of the Turkish market?<br />
As I said, the industry is a very dynamic and<br />
vibrant industry. The negative aspects of<br />
the sector are the fact that raw materials<br />
and semi-finished goods are purchased<br />
in foreign currency, working without<br />
stock, prices change every day, worker<br />
problems and lack of technical personnel.<br />
The positive aspects are the continuation<br />
of the momentum of Turkey’s exit. Giving<br />
importance to the automotive sector and<br />
having government contributions.<br />
<strong>August</strong><br />
89 <strong>2023</strong>
SABIC expands specialty materials portfolio with<br />
new LNP STAT-KON compounds to help advance<br />
ADAS radar and improve safety<br />
New LNP STAT-KON WDF40RID and<br />
WDF40RI compounds address a key<br />
challenge of mmWave radar – its increased<br />
noise-to-signal ratio. To minimize noise<br />
that interferes with the transmission of<br />
the main radar signal, these compounds<br />
provide a high dissipation factor (Df) for<br />
efficient absorption. Compared to other<br />
semi-crystalline glass filled materials,<br />
SABIC’s new glass fiber-reinforced<br />
grades deliver higher absorption and<br />
lower reflectivity. In addition, they offer<br />
ultra-high flow and very low warpage,<br />
empowering customers to create new<br />
designs for internal and external singlelayer<br />
absorbers, or to optimize traditional<br />
metal-backed absorbers.<br />
“Steady improvements in accuracy and<br />
reliability are helping ADAS technologies<br />
increase vehicle safety,” said Joshua<br />
Chiaw, Director, Business Management,<br />
LNP & NORYL, Specialties, SABIC. “To<br />
help accelerate ADAS improvements,<br />
SABIC continues to add new specialty<br />
materials with exceptional properties<br />
that have the potential to enhance the<br />
design and performance of ADAS sensors<br />
ecosystem including radar, LiDAR and<br />
camera components. Our new LNP STAT-<br />
KON compounds, well suited for radar<br />
absorbers, could help propel the shift to<br />
higher-frequency mmWave radar to enable<br />
better image resolution and greater range.<br />
These new solutions reflect our extensive<br />
experience with both ADAS and the<br />
mobility sector as a whole.”<br />
Improved Radar Performance<br />
The award-winning LNP STAT-KON<br />
WDF40RID compound exhibits high<br />
absorption (up to 75 percent at 77 GHz)<br />
and controlled reflection (as low as 25<br />
percent at 77 GHz), which together can<br />
significantly reduce noise. This innovative<br />
product can surpass incumbent materials in<br />
higher absorption and lower reflection by<br />
as much as 10 percent on a flat design and<br />
can be further optimized with appropriate<br />
design shapes. LNP STAT-KON WDF40RID<br />
compound delivers consistent performance<br />
<strong>August</strong> <strong>2023</strong> 90
SABIC announced the expansion of its specialty materials portfolio for advanced driver assistance<br />
systems (ADAS) to further strengthen occupant and pedestrian safety. The company’s two new<br />
LNP STAT-KON compounds are well suited for ADAS radar absorbers and can help propel adoption of<br />
millimeter wave (mmWave) radar, which significantly improves sensor accuracy and range. By providing<br />
robust and high-resolution information about remote objects, mmWave radar could enhance driving<br />
safety and support the trend toward the use of autonomous vehicles.<br />
across mmWave frequencies used for ADAS<br />
radar (76-81 GHz band). By maximizing<br />
noise dissipation, the new compound can<br />
help minimize ghost images and sidelobe<br />
interference, resulting in greater ADAS<br />
radar resolution and accuracy.<br />
The LNP STAT-KON WDF40RI compound<br />
is formulated for metal-backed radar<br />
absorbers. LNP STAT-KON WDF40RI<br />
compound can raise radio wave absorption<br />
to nearly 80 percent, while lowering<br />
reflection below 20 percent, and provide<br />
total shielding when working with metal<br />
backs. Both grades’ noise shielding<br />
performance is consistent across mmWave<br />
frequencies between 75 and 110GHz.<br />
Exceptional Flow Properties Power<br />
New Designs<br />
Incumbent radar absorber materials<br />
typically exhibit high viscosity and<br />
reduced flow stemming from the use of<br />
conductive additives. High viscosity limits<br />
ADAS manufacturers in designing thinwall<br />
internal absorbers or large external<br />
absorbers that surround the radar sensor.<br />
The LNP STAT-KON WDF40RID compound<br />
has an improved flow rate enabling very<br />
thin walls (down to 1mm) for interior<br />
radar absorbers that can reduce side lobe<br />
noise and free up space for additional<br />
electronics. From a processing standpoint,<br />
high flow can sharply reduce scrap from<br />
short shots and increase yield. The<br />
new compound also delivers excellent<br />
dimensional stability at long flow lengths<br />
(up to 20cm). Its low warpage supports the<br />
design of large, curved, exterior absorbers<br />
to reduce noise from adjacent metal parts.<br />
“Our development team applied their<br />
ingenuity and deep technical knowledge to<br />
balance conductivity and flow properties<br />
in our new LNP STAT-KON compounds,<br />
while ensuring exceptional noise diffusion<br />
performance,” said Jenny Wang, Director,<br />
Formulation & Application, APAC,<br />
Specialties, SABIC. “These new products<br />
have addressed key drawbacks of currently<br />
available materials, opening the door to<br />
new internal and external absorber designs<br />
and improved processability. Adoption<br />
of these new compounds can help the<br />
industry advance the state of the art in<br />
ADAS radar.”<br />
Broad Portfolio to Help Advance<br />
ADAS<br />
SABIC offers a growing array of highperformance<br />
materials that may be used<br />
in radar, LiDAR and camera components.<br />
These materials include ULTEM,<br />
NORYL and EXTEM resins and LNP<br />
FARADEX, LNP KONDUIT and LNP<br />
THERMOCOMP compounds. In addition<br />
to radar absorbers, SABIC’s specialty<br />
products have been used for covers and<br />
housings, lenses and lens assemblies,<br />
infrared (IR)-transparent radomes,<br />
electromagnetic shielding plates and<br />
brackets.<br />
<strong>August</strong><br />
91 <strong>2023</strong>
Deco Brands mobile refrigerators make a good<br />
image in international markets<br />
Deco Brands offer a good variety of<br />
products and has gained a good reputation<br />
in domestic and international markets.<br />
We asked details of their success to Suphi<br />
Command, General Manager of DEKO<br />
brands, which increases its export targets.<br />
Can you tell us about the<br />
establishment story of the DEKO<br />
brand?<br />
Our company’s aim is to manufacture new<br />
value-added products that have never<br />
been produced yet by developing new<br />
production techniques and technologies.<br />
We set out for this purpose. At first, we<br />
started with consultancy and then we<br />
progressed on mobile vehicle refrigerators.<br />
Which products do you have in<br />
your product range? What are your<br />
activities in general?<br />
In the mobile vehicle refrigerator segment,<br />
we have products for Truck and Heavy<br />
Vehicle, Minibus and VIP sector, Offroad<br />
and Military vehicles, Vaccine and Medicine<br />
Transport, Boat, Yacht, Caravan industries.<br />
In addition, customer-specific OEM product<br />
design and production are also carried out.<br />
These products are exported to 22 different<br />
countries in 4 different continents abroad.<br />
Can you evaluate the demand for<br />
vehicle refrigerators? What types of<br />
vehicle owners make demands on you?<br />
With the pandemic process, there has<br />
been an increase in the sales of individual<br />
Suphi Komut, General Manager of DEKO<br />
products. The fact that people move<br />
away from cities and turn to nature has<br />
led to serious increases in the camping<br />
and caravan sector. The sector continues<br />
to grow rapidly. Both new companies<br />
producing existing products and new<br />
products that have never been produced<br />
until now have been introduced to the<br />
market.<br />
Usually, we have two different sales, areas<br />
for individual own personal use and areas<br />
as part of his professional life. A significant<br />
increase is observed in both groups.<br />
Do you have activities abroad?<br />
Are you considering investing in<br />
different areas within your sector?<br />
Will you increase your investments<br />
on behalf of the automotive sector<br />
in the future?<br />
We do not have any production-related<br />
activities abroad. However, our customer<br />
network covers the whole of Europe.<br />
We are continuing our new product<br />
development and patent studies on new<br />
type refrigerators to be used for electric<br />
vehicles without using any energy from the<br />
vehicle (i.e. without shortening the vehicle<br />
range).<br />
In the automotive sector, we plan to reach<br />
more widespread customers by developing<br />
new technologies that will produce more<br />
value-added products.<br />
Flexible Molding Technique and Fast Ice<br />
Making Technology are only available in the<br />
products produced by our company in the<br />
world. Likewise, we continue to work on<br />
new technologies that we plan to do in the<br />
future.<br />
What are the policies you have<br />
determined to increase customer<br />
satisfaction?<br />
In order to increase our customers’<br />
satisfaction, we have successful business<br />
results in developing products that can<br />
perform above their expectations. For<br />
example, our Rapid Ice Making Technology<br />
can make ice 3-4 times faster than a home<br />
refrigerator.<br />
<strong>August</strong> <strong>2023</strong> 94