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Turkey's hybrid car sales up 61.5% in 1st half of 2018

- Number of hybrid cars sales in first half of 2018 reaches 2,263

home > Electricity, Transportation/Fuel Oil, Turkey 09.07.2018 12:19 Ebru Şengül

Turkey's hybrid car sales up 61.5% in 1st half of 2018

Hybrid car sales in Turkey increased 61.5 percent in the first half of 2018 year-on-year, according to Turkey Electric and Hybrid Vehicles Association's (TEHAD) data on Friday.

The number of hybrid cars sold in the first half of 2017 amounted to 1,401, but this quantity raised to 2,263 during the same period this year, TEHAD data shows.

The biggest selling hybrid model in Turkey in the first half of 2018 was the Toyota C-HR, which was also the biggest seller last year.

Also in the first half of 2018, out of the total number of 2,263 hybrid cars, the Toyota C-HR took the lion's share with 1,568, compared with 1,203 for the same period last year. The Toyota RAV4 with 161 and the Toyota Auris with 160 followed the Toyota C-HR.

Toyota Yaris continued to lose its share in the hybrid market in 2018. In the first half of 2016, the numbers sold totaled 269, while sales during the same period last year amounted to 85 but for further dropped to 71 for the same period this year.

"Despite losing its share, Toyota Yaris continues to be the most popular second-hand hatchback car in demand," TEHAD noted, adding that the Hyundai Ioniq and Kia Niro, two hybrid models that entered the market in 2017, had a total sales of 236 in the first half of 2018.

- Electric car sales up by 197%

The number of electric cars sold in Turkey in the first half of 2018 increased by 197 percent, from 33 in 2017 to 98 in 2018. Renault Zoe made up the bulk of sales in the electric car market at 73.5 percent in the first half of the year with 72 units - significantly up from the five sold in the same period last year.

The remaining 26 electric cars that were sold were the BMW i3 in the first half of the year, almost the same amount as last year, TEHAV data shows.

"Jaguar I-PACE created tremendous excitement in the electric car market. Being the first and only SUV segment with high technology, Jaguar I-PACE took more-than-expected pre-requests. The model will be delivered as of July to its new owners with a starting price of €88,000, providing a range of 480km, with the ability to reach 100km/h in 4.8 seconds," TEHAV said.

- "More incentives needed"

"The 40-percent [sales] reduction in the conventional car market did not affect the electric and hybrid car market. When we look at the sales numbers in the first half of the year, we can easily see that the interest shown in hybrid models in Turkey gains continuity. The deduction in Special Consumption Tax (OTV) for hybrid cars created an attractive condition for car users in Turkey," the founder of TEHAD and chief editor of E&H Cars Magazine Berkan Bayram was quoted as saying.

Bayram underlined despite the decrease in diesel cars and the corresponding growth in hybrid sales, there is still an urgent need for further drops in motor vehicle tax and OTV for electric and hybrid cars to help create employment and new lines of business.

"Even only one hybrid car manufacturing factory investment sometimes can create a positive effect on the market because we have seen that the automobile market has already adopted different technology and has taken steps toward that technology. Therefore, more incentives are needed in the hybrid and electric car market for both consumers and investors," he argued.

Bayram cited that free-of-charge rights of passage from bridges and highways, free-of-charge intracity carparks, and tax refunds for company cars are some of the examples of these incentives that could be explored.


By Ebru Sengul

Anadolu Agency

energy@aa.com.tr


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Spot market electricity prices for Saturday, Jan. 2

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 157.08 million Turkish liras
02.01.2021 Electricity , Turkey

Turkey's daily power consumption up 2.18% on Dec. 31

- Electricity exports amount to 6,611 megawatt-hours, while imports total 4,692 megawatt-hours
02.01.2021 Electricity , Turkey

Spot market electricity prices for Friday, Jan. 1

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 124.69 million Turkish liras
31.12.2020 Nuclear , Coal

Esenboga Elektrik pays in full for 11 solar power plants

- Approx. 20 million kWh of solar energy, $2.66M of sales revenue and $2.5M of net income are expected in 2021 from plants
31.12.2020 Electricity , Solar , Projects , Turkey

Turkey's daily power consumption down 1.85% on Dec. 30

- Electricity exports amount to 11,462 megawatt-hours while imports total 824 megawatt-hours
31.12.2020 Electricity , Thermal

Spot market electricity prices for Thursday, Dec. 31

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 142.31 million Turkish liras
31.12.2020 Electricity , Turkey

Turkey's daily power consumption down 0.03% on Dec. 29

- Electricity exports amount to 10,812 megawatt-hours while imports total 1,292 megawatt-hours
31.12.2020 Electricity , Turkey

Iran reverts to normal gas flow rates to Iraq

- Oil-rich Iraq is suffering from major electricity crisis following drastic reduction in natural gas supplies from Iran
30.12.2020 Electricity , Natural Gas , International Relations , Energy Projects , Middle East-Africa

Spot market electricity prices for Wednesday, Dec. 30

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 157.94 million Turkish liras
29.12.2020 Electricity , Turkey

Turkey's daily power consumption up 15.9% on Dec. 28

- Electricity exports amount to 10,075 megawatt-hours while imports total 4,211 megawatt-hours
29.12.2020 Electricity , Turkey

Turkey's licensed power generation up 5.1% in October

- Installed electricity capacity increases 2.4% in October compared to same month last year
30.12.2020 Electricity , Turkey

Spot market electricity prices for Tuesday, Dec. 29

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 162.39 million Turkish liras
28.12.2020 Electricity , Turkey

Turkey's daily power consumption down 9.1% on Dec. 27

- Electricity exports amount to 9,532 megawatt-hours while imports total 5,291 megawatt-hours
29.12.2020 Electricity , Turkey

Turkey begins electricity export to Iraq

- Iraq becomes Turkey's fourth electricity export destination after Georgia, Bulgaria and Greece
29.12.2020 Electricity , Turkey , Middle East-Africa

Spot market electricity prices for Monday, Dec. 28

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 160.84 million Turkish liras
27.12.2020 Electricity , Finance , Turkey , General

Turkey's daily power consumption down 6.5% on Dec. 26

- Electricity exports amount to 9,619 megawatt-hours while imports total 2,102 megawatt-hours
28.12.2020 Electricity , Finance , Turkey , General

1st Turkish car's battery to be made indigenously : CEO

- As part of cooperation with global battery giant Farasis, joint venture to be formed in Turkey, CEO says
28.12.2020 Electricity , Projects , Turkey

Spot market electricity prices for Sunday, Dec. 27

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 141.57 million Turkish liras
26.12.2020 Electricity , Turkey

Turkey's daily power consumption down 2.4% on Dec. 25

- Electricity exports amount to 9,978 megawatt-hours while imports total 2,772 megawatt-hours
27.12.2020 Electricity , Turkey

Spot market electricity prices for Saturday, Dec. 26

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 152.03 million Turkish liras
25.12.2020 Electricity , Turkey , General

Turkey's daily power consumption down 1.25% on Dec. 24

- Electricity exports amount to 10,970 megawatt-hours while imports total 873 megawatt-hours
26.12.2020 Electricity , Turkey , General

Spot market electricity prices for Friday, Dec. 25

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 165.23 million Turkish liras
25.12.2020 Electricity , Turkey

Turkey's daily power consumption up 0.06% on Dec. 23

- Electricity exports amount to 12,735 megawatt-hours while imports total 83 megawatt-hours
25.12.2020 Electricity , Turkey

Spot market electricity prices for Thursday, Dec. 24

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 182.03 million Turkish liras
23.12.2020 Electricity

Tokyo Gas to invest $193M in UK energy firm Octopus

- Tokyo Gas and Octopus Energy will set up joint venture in Japan in February 2021
24.12.2020 Electricity , Natural Gas , Europe , Asia , General

Turkey's daily power consumption up 2.89% on Dec. 22

- Electricity exports amount to 12,211 megawatt-hours while imports total 65 megawatt-hours
23.12.2020 Electricity , Thermal

Spot market electricity prices for Wednesday, Dec. 23

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 190.4 million Turkish liras
22.12.2020 Electricity , Finance , Turkey , General

Turkey's daily power consumption up 17% on Dec. 21

- Electricity exports amount to 12,244 megawatt-hours while imports total 71 megawatt-hours
22.12.2020 Electricity , Finance , Turkey

Spot market electricity prices for Tuesday, Dec. 22

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 175.1 million Turkish liras
21.12.2020 Electricity , Thermal

Turkey's daily power consumption down 8.75% on Dec. 20

- Electricity exports amount to 12,860 megawatt-hours, while imports total 277 megawatt-hours
21.12.2020 Electricity , Thermal

Spot market electricity prices for Monday, Dec. 21

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 166.1 million Turkish liras
21.12.2020 Electricity , Turkey

Turkey's daily power consumption down 6% on Dec. 19

- Electricity exports amount to 12,538 megawatt-hours, while imports total 149 megawatt-hours
21.12.2020 Electricity , Turkey

Spot market electricity prices for Sunday, Dec. 20

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 146.54 million Turkish liras
19.12.2020 Electricity , Stock Market , Turkey , General

Turkey's daily power consumption down 0.88% on Dec. 18

- Electricity exports amount to 10,834 megawatt-hours, while imports total 276 megawatt-hours
20.12.2020 Electricity , Turkey , General

Spot market electricity prices for Saturday, Dec. 19

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 150.41 million Turkish liras
18.12.2020 Electricity , Turkey

Italy names Turkish renewables firm ‘Investor of 2020’

- Italian Chamber of Commerce and Industry awards company for its solar energy investments in Italy
19.12.2020 Electricity , Turkey , Europe

Highlights of Turkish energy market in 2020

- Black Sea gas discovery, tensions in E. Med., TurkStream coming online and records in renewables were hot topics in 2020
21.12.2020 Natural Gas , Oil , Renewable , Coal , Energy Diplomacy , Turkey

Turkey's daily power consumption down 0.74% on Dec. 17

- Electricity exports amount to 10,859 megawatt-hours, while imports total 86 megawatt-hours
18.12.2020 Electricity , Turkey

2021 global coal demand to grow 2.6% after record drop

- Rising coal demand poses major challenges to efforts to make emissions compatible with climate and sustainable energy goals
18.12.2020 Electricity , Coal

Spot market electricity prices for Friday, Dec. 18

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 164.44 million Turkish liras
17.12.2020 Electricity

Turkey's daily power consumption down 0.40% on Dec. 16

- Electricity exports amount to 11,151 megawatt-hours, while imports total 37 megawatt-hours
18.12.2020 Electricity , Turkey

Iran nuke deal sides' ministers due for talks next week

- In virtual meeting, JCPOA sides agree to hold minister-level meeting on Dec 21
17.12.2020 Nuclear , Middle East-Africa

Spot market electricity prices for Thursday, Dec. 17

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 169.58 million Turkish liras
17.12.2020 Electricity

Turkey's daily power consumption up 2.94% on Dec. 15

- Electricity exports amount to 10,131 megawatt-hours, while imports total 217 megawatt-hours
17.12.2020 Electricity , Thermal

Spot market electricity prices for Wednesday, Dec. 16

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 160.52 million Turkish liras
15.12.2020 Electricity , Turkey

Hydro produces 89% of Norway's power in November

- Norway produces 13.43 terawatt-hours of electricity in November
15.12.2020 Electricity , Hydro , Europe , General

Turkey's daily power consumption up 14.3% on Dec. 14

- Electricity exports amount to 10,369 megawatt-hours, while imports total 858 megawatt-hours
15.12.2020 Electricity , Turkey

Spot market electricity prices for Tuesday, Dec. 15

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 161.41 million Turkish liras
14.12.2020 Electricity , Turkey

Turkey's daily power consumption down 8.5% on Dec. 13

- Electricity exports amount to 11,087 megawatt-hours, while imports total 192 megawatt-hours
15.12.2020 Electricity , Turkey

2020 global power demand to see biggest fall in 50 yrs.

- Demand is estimated to rebound modestly in 2021 after historic shock from pandemic in 2020, a new IEA report says
15.12.2020 Electricity
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