Turkey Electric Vehicle Market to Grow with a CAGR of 5.08% through 2030

Turkey’s electric vehicle market is growing rapidly, fueled by government incentives, rising environmental awareness, and expanding charging infrastructure. Despite high upfront costs and infrastructure gaps, advancements in battery technology and supportive policies are expected to drive strong growth through 2026–2030.

According to TechSci Research report, “Turkey Electric Vehicle Market – By Region, Competition, Opportunities and Forecast, 2020-2030F”, The Turkey Electric Vehicle Market was valued at USD 103.51 million in 2024 and is expected to reach USD 146.43 million by 2030 with a CAGR of 5.08% during the forecast period. Turkey's electric vehicle (EV) market is witnessing rapid expansion, supported by a mix of policy, infrastructure, and consumer-driven factors. Government initiatives such as tax exemptions, purchase subsidies, and support for domestic manufacturing are making EVs more financially accessible while encouraging industry investment. Environmental concerns, particularly related to urban air pollution and carbon emissions, are also motivating consumers to shift toward sustainable mobility options. A key contributor to this growth is the steady improvement in charging infrastructure, with networks expanding into both urban and rural regions, making EV usage increasingly practical. Technological advancements—especially in battery performance, range, and charging efficiency—are further strengthening the market’s appeal.

However, the higher upfront cost of EVs compared to internal combustion engine vehicles remains a barrier, especially for price-conscious buyers. While government support helps offset some of the cost, broader affordability is still a challenge. Moreover, although charging infrastructure is expanding, further investment is required to ensure widespread accessibility and reliability. Consumer education and ongoing innovation in battery technologies are equally critical for sustaining momentum. Despite these hurdles, Turkey’s supportive regulatory framework, growing green awareness, and infrastructure advancements are expected to propel the EV market forward between 2026 and 2030.

Browse over Turkey Electric Vehicle Market data Figures spread through XX Pages and an in-depth TOC on " Turkey Electric Vehicle Market"

Turkey Electric Vehicle Market is Segmented By Vehicle Type, By Propulsion Type, and By Region.

Turkey's electric vehicle (EV) market is predominantly driven by Battery Electric Vehicles (BEVs), which accounted for over 90% of total EV registrations in 2024. BEVs are favored due to lower operational costs, expanding charging infrastructure, and strong government incentives such as purchase subsidies and tax exemptions. Plug-in Hybrid Electric Vehicles (PHEVs) represent a smaller share but appeal to consumers seeking extended driving range with partial electrification benefits, especially in areas with limited charging access. However, growth in this segment remains slower due to limited model availability and lower incentives compared to BEVs. Fuel Cell Electric Vehicles (FCEVs) are currently negligible in Turkey’s market due to high costs, lack of hydrogen infrastructure, and limited awareness. However, interest in hydrogen technologies is increasing, particularly for long-haul and heavy-duty transport, with pilot projects expected in the coming years. Overall, BEVs are expected to dominate propulsion trends through 2030, supported by localization and evolving consumer preference.

The Central Anatolia Region, including cities like Ankara, Konya, and Eskişehir, is emerging as a key contributor to Turkey’s electric vehicle ecosystem. As a major administrative and industrial hub, Ankara is experiencing growing EV adoption, particularly among government fleets and urban commuters. Charging infrastructure is expanding steadily across the region, with municipal support and private investments accelerating deployment in city centers and intercity corridors. Eskişehir, known for its manufacturing base and universities, is actively involved in electric mobility R&D and pilot programs. Konya, with its sprawling urban layout and focus on smart city development, is also investing in electric public transport and local charging stations. The region’s relatively balanced geography and economic diversity make it well-suited for wider EV adoption across private, public, and logistics fleets. Central Anatolia is likely to play a strategic role in supporting Turkey’s EV adoption goals, particularly through state-led procurement and regional infrastructure development initiatives.

Major Market Players Operating in Turkey Electric Vehicle Market Are:

• Karsan Otomotiv San. ve Tic. A.Ş.
• Tesla, Inc.
• BYD Company Limited
• NIO LIMITED
• Volkswagen AG
• BMW AG
• HYUNDAI MOTOR GROUP
• Rivian Automotive, Inc.
• Eastern Anatolia
• STELLANTIS N.V

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“Turkey's electric vehicle (EV) market is expanding rapidly, driven by supportive government policies, rising environmental awareness, and advancements in technology. Incentives such as tax benefits and purchase subsidies are encouraging EV adoption, while growing concerns over air pollution are influencing consumer preferences. The expansion of charging infrastructure and improvements in battery performance are making EVs more practical and appealing. However, challenges like high upfront costs and the need for wider charging access remain. Despite these obstacles, continued policy support, infrastructure investment, and innovation are expected to sustain the market’s growth momentum through the forecast period of 2026 to 2030.” said Mr. Karan Chechi, Research Director of TechSci Research, a research based global management consulting firm.

"Turkey Electric Vehicle Market By Vehicle Type (Two-Wheeler, Passenger Car, Commercial Vehicle), By Propulsion Type (BEV, PHEV, FCEV), By Region, Competition, Opportunities and Forecast, 2020-2030F”, assesses the market's future growth potential and provides data on market size, trends, and forecasts. It aims to offer comprehensive market insights, helping decision-makers make informed investment choices. The report also highlights emerging trends, key drivers, challenges, and opportunities in the Turkey Electric Vehicle Market.

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