[rth]

First, 22 billion Turkish lira investment coming from local billionaires/companies according to newspapers, not from states pocket.

The biggest problem of Turkish economy is the lack of gasoline and imported cars. The country pay $20B for gasoline and 76% of the gasoline consumed for cars (remaining percentage for airline and sea vehicles). They import over 500M cars every year. Probably $30B to $40B goes to imported cars (it would be over $100B including taxes)

These issues, makes the negative trade gap in the balance sheet.

Overall, seems producing electric car will help a lot for Turkish economy, and Turkey might pay it's debt very short period by this step.

[rth]

I can't edit this post anymore, please remove "000" for each number you see here related to imported car stats, gasoline numbers are correct.

[sobani]

> They import over 500M cars every year.

Turkey has a population of 82M, so this seems unlikely.

[rth]

Thanks for pointing out, should be "over 500k annually"