Turkey Electric Vehicle Market

Turkey Electric Vehicle Market Overview:

The Turkey electric vehicle market size reached USD 9.82 Billion in 2024. The market is projected to reach USD 79.00 Billion by 2033, exhibiting a growth rate (CAGR) of 23.19% during 2025-2033. The market is evolving rapidly, driven by supportive government policies, infrastructure development, and rising consumer interest in sustainable transportation. The growth of charging infrastructure and supporting policy environments are driving production and uptake in most vehicle segments. With more environmental concerns on the rise and technology becoming more affordable, the nation is set to be a central figure in regional EV transformation. These aspects are likely to significantly impact the forthcoming path of the Turkey electric vehicle market share.

Turkey Electric Vehicle Market Trends:

State‑Led Incentives and Ambitious Production Goals

Turkey is advancing its position in the electric vehicle (EV) sector through a comprehensive set of policy initiatives aimed at supporting long-term industrial development. The government has outlined a structured incentive framework to strengthen domestic manufacturing, encourage technology investment, and promote sustainable transportation solutions. In July 2024, an official announcement introduced the HIT-Mobility program, which includes targeted support for production infrastructure, battery systems, and research capabilities. This initiative reflects a broader national vision to increase EV production capacity, positioning Turkey as a strategic contributor to the global EV value chain. The program also supports integrated supply chains and encourages high-efficiency manufacturing aligned with environmental standards. Through coordinated investment and infrastructure planning, these policies are creating a stable foundation for growth and technological advancement in the mobility sector. As government and industry stakeholders align on key priorities, the ongoing development of this framework is expected to play a central role in shaping Turkey electric vehicle market growth through enhanced capacity, innovation, and international market integration.

Local Brand Momentum and Export Potential Emergence

The expansion of Turkey's electric vehicle market is backed by strong development in local production abilities and higher export prospects. Local EV manufacturing has picked up considerable pace, with the addition of models produced through extensive investigation and innovation. Such domestic industry growth is supplemented by Turkey's trade-favorable customs union agreement with the European Union, providing tariff-free access to major overseas markets. In July 2024, a new EV factory opened officially with an expected yearly production capacity of 150,000 units. This achievement reflects the nation's dedication to increasing domestic supply as well as export levels. The synergy between domestic innovation and strategic geographical location makes Turkey a viable participant in the global EV market. Furthermore, these advancements help diversify the automotive sector of Turkey, building a strong foundation for long-term growth. Altogether, these elements show how changing production ability and access to markets are beneficial to Turkey electric vehicle market trends, establishing the nation's increasing importance in the global electric mobility market.

Boosting Consumer Adoption and Infrastructure Expansion

Electric vehicle consumer adoption in Turkey is gradually increasing, driven by a growing charging infrastructure and increasing awareness of environmental concerns. The latest figures show a notable increase in the share of electric vehicles in new car registrations, highlighting a move among consumers toward greener transport solutions. This trend is complemented by government efforts to grow public and private charging infrastructures, enhance accessibility, and ensure ease of use for EV owners. In 2024, preliminary estimates indicated that nearly 10 percent of new car registrations were fully electric, representing a significant milestone in adoption levels. This transition is also supplemented by education campaigns and fiscal incentives intended to promote broader acceptance of electric mobility. The synergy between rising demand from customers and infrastructure preparedness will be expected to create a virtuous cycle of development in the sector. In total, these advancements are aimed at strengthening Turkey's electric mobility ecosystem by making the end-user experience more convenient and reliable. In turn, such innovations are key to helping fuel current Turkey electric vehicle market by creating a basis for long-term consumer confidence.

Turkey Electric Vehicle Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on component, charging type, propulsion type, and vehicle type.

Component Insights:

• Battery Cells and Packs
• On-Board Charger
• Fuel Stack

The report has provided a detailed breakup and analysis of the market based on the component. This includes battery cells and packs, on-board charger, and fuel stack.

Charging Type Insights:

• Slow Charging
• Fast Charging

The report has provided a detailed breakup and analysis of the market based on the charging type. This includes slow charging and fast charging.

Propulsion Type Insights:

• Battery Electric Vehicle (BEV)
• Fuel Cell Electric Vehicle (FCEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
• Hybrid Electric Vehicle (HEV)

A detailed breakup and analysis of the market based on the propulsion type has also been provided in the report. This includes battery electric vehicle (BEV), fuel cell electric vehicle (FCEV), plug-in hybrid electric vehicle (PHEV), hybrid electric vehicle (HEV)

Vehicle Type Insights:

• Passenger Vehicles
• Commercial Vehicles
• Others

A detailed breakup and analysis of the market based on the vehicle type has also been provided in the report. This includes passenger vehicles, commercial vehicles, and others.

Regional Insights:

• Marmara
• Central Anatolia
• Mediterranean
• Aegean
• Southeastern Anatolia
• Black Sea
• Eastern Anatolia

The report has also provided a comprehensive analysis of all the major regional markets, which include Marmara, Central Anatolia, Mediterranean, Aegean, Southeastern Anatolia, Black Sea, and Eastern Anatolia.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Turkey Electric Vehicle Market News:

• September 2025: Tesla has quickly emerged as the second best-selling electric vehicle brand in Turkey due to robust customer demand and favorable government policies. Positive tax policies and economic performance have increased the adoption of EVs, allowing Tesla to gain substantial market momentum. This growth stems from Turkey's increasing passion for eco-friendly transportation and its rapidly developing electric vehicle market. Tesla's success represents a significant milestone in the nation's changing automotive market, signaling the speeding up trend towards electrification.

Turkey Electric Vehicle Market Report Coverage:

Key Questions Answered in This Report:

• How has the Turkey electric vehicle market performed so far and how will it perform in the coming years?
• What is the breakup of the Turkey electric vehicle market on the basis of component?
• What is the breakup of the Turkey electric vehicle market on the basis of charging type?
• What is the breakup of the Turkey electric vehicle market on the basis of propulsion type?
• What is the breakup of the Turkey electric vehicle market on the basis of vehicle type?
• What is the breakup of the Turkey electric vehicle market on the basis of region?
• What are the various stages in the value chain of the Turkey electric vehicle market? 
• What are the key driving factors and challenges in the Turkey electric vehicle market?
• What is the structure of the Turkey electric vehicle market and who are the key players?
• What is the degree of competition in the Turkey electric vehicle market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Turkey electric vehicle market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Turkey electric vehicle market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Turkey electric vehicle industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.