Turkish Forum

Tag: electric car

  • Turkish Group Negotiating Possible Rescue of Bankrupt THINK

    Turkish Group Negotiating Possible Rescue of Bankrupt THINK

    SYNOPSIS: BD Otomotive group owns and operates production facilities in Turkey and Italy for the conversion of light commercial vehicles into electric vehicles, and related activities.

    think city redVrf

    Istanbul, Turkey, 6 July 2011 – Sustainable transport group BD Otomotive (BD OTO AS) is in advanced negotiations with the Norwegian court-appointed Trustee of THINK Global – the electric vehicle maker – to rescue the brand from bankruptcy.

    BD Otomotive is a Turkey-based investment group behind a host of successful corporate ventures across Europe, which in recent years has focused on electric transportation. The group owns and operates production facilities in Turkey and Italy for the conversion of light commercial vehicles into electric vehicles (EVs), automotive battery pack assembly, and a new recycling plant for lithium-ion and other industrial batteries.

    The group has also made major investments into EV charging infrastructure, and owns and operates charging stations across Turkey.

    In addition, the company operates sales and service networks across Europe to market its sustainable mobility products, and also is an appointed distributor of Fisker Automotive cars and BYD commercial vehicles and buses.

    Chairman of BD Otomotive, Osman Boyner, said: “Our intentions are simple – to bring THINK out of bankruptcy and make it the affordable urban EV for Europe it was always designed to be. We have the manufacturing capabilities and sales network to do this, and combined with a core group of retained THINK talent in Norway we aim to launch new platforms and the next generation of vehicles if successful in our bid.”

    He added: “We know our aspirations are realistic and are extremely hopeful for the future of the brand.”

    Negotiations between BD Otomotive and the Norwegian court-appointed Trustee in charge of THINK Global are ongoing. The negotiations’ conclusion will be subject to a further announcement.

    via Turkisk Group Negotiating Possible Rescue of Bankrupt THINK: EVWORLD.COM.

  • Renault electric car mass production in Turkey seen in a few months

    Renault electric car mass production in Turkey seen in a few months

    Aybar made his remark at an event where Turkish Industry & Trade Minister Nihat Ergun took a test-drive with the first electric Fluence built in Turkey.

    elektrikli oto

    French carmaker Renault plans to start mass production of its electric cars in a couple of months at Turkey plant, a senior company official said on Friday.

    Ibrahim Aybar, CEO of Renualt-Mais, a joint venture of Renault and Turkey-based Oyak, said that company’s plant in Bursa would build electric version of Fluence –a classic compact 4-door sedan– mostly for global markets.

    Aybar did not elaborate on the date for start of mass production, nor the price tag in Turkey, however, he said it would require an extra monthly payment for battery lease somewhere around ?79 as set in Europe.

    Aybar made his remark at an event where Turkish Industry & Trade Minister Nihat Ergun took a test-drive with the first electric Fluence built in Turkey and inaugurated a charge station at the ministry yard in Ankara.

    Ergun said his ministry had ordered 5 Renault Fluence electric cars. Delivery of cars is expected in the near future.

    Ergun also said that the car was very comfortable and easy-to-drive, adding that he would buy an electric for personal use.

    According to information on Renault website, Fluence ZE will sell in certain countries at prices similar to those of comparably powerful diesel versions of Renault Fluence with the same equipment level. Prices will be between ?21,300 and ?26,000, depending on the local VAT rate and available tax incentive packages, excluding battery.

    In France, for example, prices will start from ?21,300 with the ?5,000 tax incentive deducted. Customers will also subscribe to a monthly lease starting from ?79 (including VAT) to cover the battery.

    AA