Automotive Exports August 2023

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Monthly automotive aftermarket magazine<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 />


İstmag Magazin Gazetecilik<br />

İç ve Dış Ticaret Ltd. Şti.<br />

Ihlas Media Center<br />

Merkez Mah. 29 Ekim Caddesi No: 11B / 21<br />

Yenibosna Bahcelievler, Istanbul / TÜRKİYE<br />

Tel: +90 212 454 22 22<br />

www.img.com.tr sales@img.com.tr<br />

KONYA:<br />

Metin Demir<br />

Hazım Uluşahin İş Merkezi C Blok<br />

Kat: 6 No: 603-604-605 KONYA<br />

Tel: (90.332)238 10 71 Fax: (90.332)238 01 74<br />



Merkez Mahallesi 29 Ekim Caddesi İhlas Plaza<br />

No:11 A/41 Yenibosna–Bahçelievler/ İSTANBUL<br />

Tel: 0212 454 30 00<br />

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 />


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 />


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 />


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 />


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

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