The move to electric cars is facing challenges and obstacles, but there are also positive developments in the industry. A recent article from Daily Sun discusses the slowdown in demand for electric cars and the challenges faced by the industry [7421eb0b]. One of the challenges highlighted in the article is the accusation that Nissan has abandoned its electric car pioneers, revealing the negative aspects of clean electric vehicles. This raises concerns about the commitment of major automakers to the electric car industry. However, there are also positive developments in the industry. Chinese electric carmaker BYD has tripled its half-year profit, indicating the growing demand for electric vehicles in certain markets. Additionally, a Vietnamese electric carmaker has surpassed the value of Volkswagen and Ford, demonstrating the potential for growth and competition in the electric car market. France has also opened its first electric car battery factory, signaling a commitment to sustainable battery production [7421eb0b].
In Turkey, the country is betting on its first major electric carmaker, Togg, to give its car industry an electric edge. The Togg plant in Turkey is producing electric cars at a rapid pace, with robot arms welding the passenger compartments and batteries being assembled in a nearby building. The plant produced 20,000 vehicles in its first year, compared to Tesla's 2,000. The Turkish automobile industry exports around 70% of its production to Western Europe. Togg's T10X model has taken nearly a third of electric car sales in Turkey, with 19,583 vehicles sold in 2023. However, the company still has a long way to go to be profitable, as it would need to produce at least 200,000 vehicles a year [aeb6656b].
In the United Kingdom, there are discussions between Chancellor Rishi Sunak and the European Union regarding the threat to UK electric cars. The outcome of these talks could have significant implications for the future of the electric car industry in the UK. While the move to electric cars is facing obstacles, such as the slowdown in demand and challenges faced by major automakers, there are also positive developments that indicate the potential for growth and innovation in the industry. Government support and investment, along with technological advancements and market competition, will play a crucial role in shaping the future of the electric car industry [7421eb0b].
