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Turkiye: Ministry of Industry and Technology announces a funding call worth USD 5 billion to support EV and PHEV production

Description

On 26 July 2024, the Ministry of Industry and Technology of Turkey announced a tax relief measure to support businesses investing in plug-in hybrid electric vehicles (PHEVs) and battery electric vehic...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Jul 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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