UK-based private investment firm Syracuse Advisers has invested in Teknus, a subsidiary of TOGG, which operates Türkiye’s high-speed EV charging network under the brand Trugo. The investment aims to accelerate the expansion of Türkiye’s electric vehicle charging infrastructure.
Syracuse Advisers CEO Ozodbek Kamildjanov highlighted the significance of this investment, stating, “We were looking for companies with rapid and sustainable growth potential, and Teknus perfectly fits this category. It operates in a fast-growing sector at the cutting edge of technology and is an ambitious, exciting company.”
Teknus, which runs Trugo, Türkiye’s first and only nationwide high-speed EV charging network, enables vehicles to charge from 20% to 80% in just 30 minutes.
With this investment, Teknus plans to expand further, making EV charging more efficient and accessible across the country.
Türkiye’s EV market is experiencing rapid growth, with the share of electric vehicles in total car sales rising from 7% in 2024 to 13.8% by February 2025.
Although other companies like ZES and EVBee operate in the sector, the existing network of approximately 3,700 slow-charging stations struggles to meet the growing demand.
Syracuse Advisers’ investment will help Teknus close this gap by providing high-speed EV charging solutions.
Source: Patronlar Dünyası/ Prepared by: İlayda Gök