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TOGG Agrees with Farasis for Domestic Automobile Battery

Turkey's Automobile Enterprise Group (TOGG) is a domestic company that is expected to come off the line in 2022 and where the construction of the production facility is currently ongoing.

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TOGG Agrees with Farasis for Domestic Automobile Battery
ZEYNART JOURNAL GENERAL
TL;DR (AI QUICK SUMMARY)

Turkey's Automobile Enterprise Group (TOGG) is a domestic company that is expected to come off the line in 2022 and where the construction of the production facility is currently ongoing.

Turkey's Automobile Enterprise Group (TOGG) made extremely important statements about the domestic automobile, which is expected to come off the line in 2022 and whose production facility construction is currently ongoing. According to TOGG's statements, for the battery of the domestic car Farasis An agreement has been reached with and the battery of the domestic car will be produced in Turkey.

"We are progressing step by step in line with our plans. According to the agreement we made with Farasis, one of the world's leading Li-Ion battery manufacturers We will produce the battery module and package in Turkey.” While TOGG announced that a joint venture company would be established with Farasis, he continued his statements as follows:

"In addition to the battery supply, we will expand our cooperation by offering energy storage solutions for Turkey and surrounding countries under the umbrella of a joint venture company, within the framework of the comprehensive letter of intent we signed. With the joint venture company we will establish with Farasis, we will also produce battery modules and packages in Turkey. We will also contribute to the development of competencies in battery chemistry and cells.”

Who is Farasis?

predecessor of Farasis Energy (Ganzhou) Ltd. Farasis Energy, Inc.was founded in the USA in 2002. It spread in China and Europe with Li-ion batteries, which are pioneers with their energy density and power. It has offered a broad portfolio of battery solutions in different markets and established global customers.

Company, 3 global R&D centers and with more than 4,000 employees, it is now one of the largest manufacturers of pouch cells for the electric vehicle market.

Battery development, production and end-of-life from a single source energy storage solution Farasis is one of the first battery cell manufacturers to establish a 100 percent CO2 neutral factory in Europe.

Important steps taken by Farasis from its establishment to the present day

TOGG CEO Gürcan Karakaş, who made statements about TOGG's battery solution in the past period, said: "The battery will be produced in Turkey. It will be in our facility in Gemlik. We will produce the battery, battery pack, battery control unit, all of them ourselves. The electric motor will be purchased from Bosch.” He spoke as follows.

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