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China’s Skyworth and Ulubaslar Group have agreed to invest in a battery factory in Turkiye

Mahmut Ulubas, CEO of Skywell Turkiye, said, “The battery is a key element in the transformation of the automotive market, and producing this technology here will provide Turkiye with important capabilities and contribute significantly to our country’s economy.”

Ulu Motor, one of the Ulubaslar Group companies, and Skyworth, the manufacturer of the electric car brand Skywell, came to an agreement to develop batteries and open a production factory in Turkiye.

According to the statement made by Skywell, Skyworth, which entered the Turkish market with the distributorship of Ulu Motor, continues its investments in the country. Having opened a battery factory with a capacity of 1.2 GWh in China’s Jiangsu province last year, the brand came to the fore in the competition in the global market with this move.

The brand, which has established a battery module and two battery pack production lines in its 22 thousand square meter facility in China, aims to produce batteries worth $170 million in 2023.

As part of its investment activities, Skyworth made an agreement with Ulu Motor to develop batteries and open a production factory in Turkiye.

Skywell Turkiye CEO Mahmut Ulubas, whose views are included in the statement, stated that the ET5, which was designed by Skywell with its experience in the field of new generation vehicles, was produced in sufficient numbers to meet the demand. “Thanks to its 86 kWh high-capacity battery, the ET5, which can offer a range of up to 642 kilometers in the city, takes 7.9 seconds to accelerate from 0 to 100 kilometers.”

Ulubas noted that the 150 kW electric eSUV model, designed with state-of-the-art equipment, takes about 30 minutes to recharge from 20% to 70% with its fast charging feature. “Our new design, which stands out from the models on the market with all these features, is a perfect option especially for those who prefer long-range and comfortable driving.”

“We are working on the production of new models that will be released by Skywell in Turkiye”

Referring to the fact that electric vehicles are very economical, Mahmut Ulubas stated that the cost of the charging capacity required for a 100-kilometer distance in household sockets corresponds to approximately ₺20.

Ulubas stated that this figure is 6 times more economical than gasoline, whose sales price has increased recently, and gave the following information:

“The battery is a key element in the transformation of the automotive market, and producing this technology here will provide Turkiye with important capabilities and contribute significantly to our country’s economy. It will also have a significant income in terms of employment. It will enable us to do things that we will be proud of, especially on the export side. In addition, we continue to work on the production of new models, which Skywell plans to launch in 3 years, in Turkiye. We expect positive developments regarding him as well.”

“We are working on a new technology”

Skywell Co-founder and CEO Wu Longba also stated that they are constantly conducting R&D studies to improve the company’s performance.

Noting that they are working on a new technology, Longba used the following statements:

“The Skywell ET5 LR will have new 800V+4C super fast charging technology, the charging power will increase from 120kw to 480kw. This will allow it to reach 0 to 80% charge in 8 minutes. In this way, we aim to eliminate the filling time difference between fueled cars. Vehicles with batteries with the highest 860V software are produced in China, and 23% of the vehicles produced in the country are in the electric vehicle category. In the coming years, this figure is planned to be 50%.”

“We have investment plans for Turkiye”

Wu Longba mentioned that they are working closely with Ulu Motor, which is the distributor in 15 countries of both Turkiye and Europe, on investments.

Noting that the two companies agreed to open a battery factory together, Longba made the following assessments:

“We will start feasibility studies on this as soon as possible. We are very excited about this cooperation, which will also be an important turning point in terms of Turkiye-China relations. We have also included in our plans to establish a vehicle production line in Turkiye, to bring the spare parts supply system to Turkiye and to manufacture some parts here. For all these processes, we will have different business partnerships with Ulu Motor over time. Our request; To plan to develop Turkiye’s new energy vehicle industry technology and capacity.”

Source: AA / Prepared by Irem Yildiz

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