Turkey has announced new restrictions on imports of electric vehicles from China. These measures, which are aimed at slowing the rapid growth of Chinese electric car sales in the country, are a response to concerns from the European Union about unfair competition.
According to a decree published by the Turkish Ministry of Commerce, companies that import electric vehicles to Turkey will now be required to have at least 140 authorized dealerships evenly distributed throughout the country and open a call center for each brand. These requirements are very difficult for Chinese automakers to meet, as they do not yet have a significant presence in Turkey.
The new Turkish restrictions have already drawn protests from China. The Chinese government has called the measures “protectionism” and warned that they could have a negative impact on trade relations between the two countries.
Consequences of the new restrictions
The new Turkish restrictions are expected to have a significant impact on sales of Chinese electric vehicles in the country. Estimates suggest that sales of these vehicles could fall by 50% to 70% due to these measures.
Chinese automakers, who are already struggling to compete with European and American automakers, are likely to be even more penalized by the new Turkish restrictions. These measures could also discourage Chinese automakers from investing further in the Turkish market.
The future of Chinese electric vehicles in Europe
The new Turkish restrictions are a sign that opposition to the growth of Chinese car makers in Europe is growing. The European Union has also put in place measures to slow the expansion of these automakers, including 50% tariffs on electric vehicles imported from China.
It is likely that Chinese car makers will continue to face obstacles in their expansion in Europe. These obstacles could slow the growth of this market and favor European and American automakers.
The new Turkish restrictions on imports of electric vehicles from China are a significant setback for Chinese automakers. These restrictions are likely to have a major impact on sales of Chinese electric vehicles in Turkey, and could also discourage Chinese automakers from investing further in the Turkish market.
The new restrictions are also a sign that opposition to the growth of Chinese car makers in Europe is growing. The European Union has also put in place measures to slow the expansion of these automakers, including 50% tariffs on electric vehicles imported from China.
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