EARLY INVESTORS PREPARE TO EXIT TOGG
Conglomerates Vestel Elektronik and Anadolu Group are in advanced negotiations to sell their stakes in Turkey’s first domestic electric vehicle manufacturer TOGG.
Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
Conglomerates Vestel Elektronik and Anadolu Group are in advanced negotiations to sell their stakes in Turkey’s first domestic electric vehicle manufacturer TOGG.
Following the suspension of the Paris talks by the Damascus government, the SDF, which advocates decentralized government in Syria, increased its activity in Raqqa, Aleppo, Deir ez-Zor, and along the Turkish border after holding a conference in Hasakah with prominent Druze and Alawite figures, Turkish state-owned Anadolu News Agency reported on Sept. 5.
The CAATSA sanctions imposed by the U.S. for the past six years have also negatively impacted Turkey's aircraft carrier projects.Originally designed to deploy F-35Bs, the first ship named TCG Anadolu was converted into an unmanned aerial vehicle carrier when aircraft could not be procured from the U.S.