TOGG’s Factory Land Will Be ‘Granted’ Without Taking 1 Cent!

In today’s issue of the Official Gazette, the domestic automobile project TOGG significant development took place. With an anecdote added to the relevant Presidential Decree, a new support was given to the project. According to this, TOGG’s production land will be transferred to the enterprise if the investment is completed and the anticipated employment is provided for 5 years. allotment for free will be.

The only support in today’s issue of the Official Gazette is not TOGG. State, battery cell and module production facility investment decided to support it. According to this decision, certain parts of 2 separate immovables and an entire immovable in the Gemlik district of Bursa were transferred to “Silk Road Clean Energy Storage Technologies AŞ”. Thus, the company is free to spend money on production land. won’t have to.

TOGG decision published in the Official Gazette:

“On the real estate with an area of ​​1,071,801.49 square meters located in Bursa province, Gemlik District, Gençali Mahallesi, parcel number 2073, directly in favor of Turkey’s Automobile Initiative Group Industry and Trade Joint Stock Company, independently and continuously for 49 years without any revenue share. The right of easement will be established, and provided that the projected investment is completed and employment is provided for five years, the said real estate can be registered free of charge in the name of the Company mentioned in the deed upon request.

Decision regarding the battery cell and module manufacturing investment company:

“The 590,046,23 square meter part of the 3,024,555,87 square meter real estate located in Bursa province, Gemlik District, Gençali Neighborhood, parcel no. 134, block 4, and the whole of the real estate with the coordinates of ANNEX-1, block 521, parcel number 1, located in Gemlik District, Hisar District. and no. 520, parcel number 1, on the 11,126,00 square meter part of the 13,361.17 square meter real estate whose coordinates are stated in ANNEX-2 and outside the coastline, directly in favor of Siro Silk Road Clean Energy Storage Technologies Industry and Trade Inc., without any revenue share. An independent and permanent easement right will be established for 49 years, provided that the investment is completed and the anticipated employment is provided for five years, the said immovables can be registered free of charge in the name of the company mentioned in the deed upon their request.

For details about the new SCT regulation, which is expected to affect TOGG’s price:

For electric cars whose price has changed after regulation: