News for hackers. Stuff that matters.

A comment on Turkey unveils first fully domestically-produced car in $3.7B bet on electric. Parent comment

Re:Turkey unveils first fully domestically-produced car in $... by ptaipale on Sunday December 29, 2019 @11:46AM (#21906834)
They can make a price advantage for TOGG, but if they do it via taxes, tariffs or subsidies, they will cripple all the other manufacturing in the country.

Because car industries are expecting a downturn in the coming years, this would be a strong indicator to international manufacturers for deciding where to cut production.

[ Parent | on HN ]
Re:Turkey unveils first fully domestically-produced car in $... by rth on Thursday January 02, 2020 @03:11PM (#21939294)
They are already closing their factories (or reducing capacity) in many countries. I know Honda will close by 2021 in England and Turkey.

May be, Turkish government preparing for this.

"What if they close their factories one day" is the question in their mind?

Whatever the case is, it is a good news for everybody. I believe every country must build their own technology to compete others.

[ Parent | on HN ]