EVs

The increase in auto prices will be limited due to fierce competition in 2025, when vehicle sales are expected to be around 1.2 million units, according to industry representatives.

Electric vehicles will capture a larger share in sales, while carmakers will continue to see lower profit, they also said.

The number of charging stations for electric vehicles (EV) in Türkiye is expected to reach 15,000 to 20,000 by the end of this year.

Presently, there are 6,500 charging stations in the country with 60 percent of those stations in Istanbul, the country's most populous city.