Local production alone is not enough
The Hyundai IONIQ 3 built in İzmit does not qualify for the special credit advantages granted to Togg models. The reason is that the vehicle does not meet the R&D center requirement.
What the condition means
The support mechanism does not only require production in Turkey; it also looks for development activity tied to an R&D center in the country. As a result, models built in the same plant can differ in terms of access to credit.
What it means for readers
For those planning to buy an electric car, credit support is a cost item that directly affects the total price. Knowing which model qualifies under which conditions changes the purchase decision and budget planning.
