Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2025

Daily Sabah - Latest & Breaking News from Turkey | Istanbul

  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV

Boston Consulting selected for Turkey's domestic car project

by Daily Sabah with Wires

ISTANBUL Dec 09, 2017 - 12:00 am GMT+3
by Daily Sabah with Wires Dec 09, 2017 12:00 am

Tuncay Özilhan, the chairman of the board of Anandolu Group, one of the members of the five-company joint venture to produce Turkey's domestic automobile, has said Boston Consulting has been selected as an international consulting company for the project, explaining the consulting company will work on the project's feasibility.

Prefacing that the domestic car will be a buyable product, Özilhan said: "The most expensive component of the automobile is the battery, which sees very quick developments, hence getting cheaper." He explained that the gearbox and electric motor are not sophisticated and that the software is the complicated part to manufacture, as it requires a more refined job. Therefore, he said the cost of the automobile will decrease. "If you ask buyers to pay higher prices, you cannot guarantee demand in the product."

As for the reasons why Anadolu Group participated in the project, Özilhan cited his belief in the feasibility of the automobile.

Özilhan also said: "The idea of being part of a national project and the development of new electric cars incited me." He added that Turkey holds an advantageous position with this initiative and that it is not too late. "For instance, Anadolu Isuzu is working on an electric bus project, as electric buses undergo a terrific transformation across the world."

Last month, President Recep Tayyip Erdoğan announced Thursday the names of five companies - Anadolu Group, BMC, Kıraça Holding, Turkcell and Zorlu Holding - that will take part in the consortium to make Turkey's first domestically produced car.

  • shortlink copied
  • KEYWORDS
    business
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    Türkiye's Osmaneli is preparing to enter 'Slow City' list
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • DS TV
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021