Public banks will grant loans to TOGG accounts receivable

A groundbreaking ceremony for the Siro battery production facility, which was established on September 27, 2021 with the 50-50 joint venture of TOGG and Farasis Energy, was held at the Technology Campus in Gemlik.

Speaking here, President Recep Tayyip Erdoğan said: “Public banks will provide loans of up to 50 percent for the sale of the car, with a maturity of 18 months. It will be possible to buy TOGG like buying a house, ”he said.

However, after Erdogan’s statement, confusion arose regarding the maturity of the loan.

After Erdogan’s statement ended, when he was told that the expiration is 36 months, not 18, he said: “Why are there wrong people around me? I better tell the truth today in Manisa. Because there I will meet with the general managers of the public banks, I will make the statement in another way”.