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Stimulus measures such as lowered interest rates are offset by tighter credit restrictions in lending, restraining the full-year 2013 sales forecast to approximately 1.3% Full-year sales for Turkey in 2013 are forecasted to reach 840 thousand units, an 8.2% Capacity in the region is forecasted to grow from 15.4 million units in 2019.
Mr. Thesen said that a factory in Turkey was being refurbished to be able to produce 100,000 electric vehicles a year. Unfortunately, there is very little specific funding for wireless transmission in the stimulus bill that was just signed by the USA President. Battery recharging would typically take two to four hours, he said.
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