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Turkey's Automobile Joint Venture Group ("Togg"), in which our company has a 23% share, has become ready for mass production with the official opening of Gemlik Campus on October 29. Commercial sales are planned to start in March 2023. Togg is a future technology company that designs electric vehicles, builds a mobility ecosystem around these vehicles, and aims to create a sustainable future by making life easier for the masses thanks to this ecosystem. The company, which will have a production capacity of 175 thousand units per year and will employ 4 thousand 300 people when it reaches full production, aims to produce a total of 1 million vehicles from 5 different models until 2030.
This statement was translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail
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