Press release
Turkey EV Battery Market 2026 - Top Regions, Latest Technology, Investment Opportunities, Future Trends and Outlook 2034
The Turkey EV battery market was valued at USD 967.12 Million in 2025 and is projected to reach USD 5,175.13 Million by 2034, exhibiting a CAGR of 20.49% during the forecast period of 2026-2034. This growth is driven by supportive government policies, domestic production initiatives, and increasing EV adoption. The expansion of charging infrastructure and consumer preference for sustainable mobility solutions further fuels market penetration in passenger and commercial vehicle segments.Sample Request Link: https://www.imarcgroup.com/turkey-ev-battery-market/requestsample
Study Assumption Years
Base Year: 2025
Historical Year/Period: 2020-2025
Forecast Year/Period: 2026-2034
Turkey EV Battery Market Key Takeaways
The Turkey EV battery market size was valued at USD 967.12 Million in 2025, with a CAGR of 20.49% expected from 2026 to 2034.
By propulsion type, battery electric vehicles lead with a 57.7% share in 2025, driven by favorable special consumption tax rates and expanding charging infrastructure.
Passenger cars dominate the vehicle type segment with a 63.2% market share in 2025, bolstered by domestic manufacturing initiatives and increasing model availability.
Marmara is the leading region with a 42.1% share in 2025, attributable to its automotive manufacturing concentration and superior charging infrastructure.
Strategic government policies and joint ventures with foreign direct investments in battery technology are strengthening the local market.
Market Growth Factors
The Turkish government is keen to encourage EV use and local manufacture of EV batteries, and offers tax, customs and land incentives to encourage battery manufacturers to invest in local production. Manufacturers have responded to government incentives and established large scale battery production in Turkey, with resulting technology transfer and productivity improvement. Turkey will become a high-tech production hub for passenger and commercial vehicle batteries as demand for electric vehicles (EVs) increases.
Subsequent investments on the EV charging station network in Turkey eliminated range anxiety. There were 11,949 EV charging stations in Turkey as of June 2025. New fast charging stations have been set up on highways and in urban centers. It is estimated that the EV charging station market will rise from 216.97 million US dollars (USD) in 2024 to 2,480.65 million USD in 2033. More fast and ultra-fast charging stations will increase consumer confidence and promote long-range batteries.
Battery production by Turkish companies and foreign partnerships with Turkish firms for lithium iron phosphate (LFP) and nickel manganese cobalt (NMC) battery cathodes may help. R&D in energy density, performance and durability, BMS and thermal systems is expected to bring down battery costs and expand the types of electric vehicles (EVs) that may use them, including buses and commercial vehicles. The modular architecture can be scaled to serve different market segments or vehicle sizes.
Market Segmentation
Battery Type:
Lithium-Ion Battery: Recognized for high energy density, long cycle life, and lightweight properties, lithium-ion batteries dominate the Turkey EV battery market. Investments in domestic production and international joint ventures are accelerating demand, driven by passenger, commercial EVs, and energy storage needs.
Nickel-Metal Hydride Battery: Primarily used in hybrid electric vehicles (HEVs), this segment benefits from stability, safety, and moderate pricing. Growing R&D and usage in public transport and fleet vehicles support its niche presence.
Lead-Acid Battery: Cost-effective and widely used in two-wheelers, low-speed EVs, and backup systems, lead-acid batteries are valued for recyclability and strength. Stable demand and established production facilities ensure consistent growth.
Propulsion Type:
Battery Electric Vehicles: Holding 57.7% market share in 2025, these vehicles benefit from favorable special consumption taxes and expanding model ranges from local and global brands. Sales of local brand Togg's T10X model at 30,093 units in 2024 reflect rising consumer adoption, supported also by improved charging infrastructure and environmental concerns.
Vehicle Type:
Passenger Car: Leading the market at 63.2% share in 2025, passenger cars benefit from taxation incentives, expanding model availability, and consumer preference for sustainable mobility. Increasing battery capacity for longer ranges and ongoing investments in R&D foster segment growth.
Regional Insights
Marmara dominates the Turkey EV battery market with a 42.1% share in 2025. This leadership stems from a concentration of automotive manufacturing facilities, major population centers, superior charging infrastructure, and presence of significant EV battery production facilities. Istanbul alone accounted for 7,641 EV charging points in 2024. The region benefits from government incentives, export proximity, and collaborations fostering innovation. Capitalizing on these factors, Marmara is poised to maintain its dominant position throughout the forecast period.
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Customization Note
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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About Us
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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