Ulu Motor, Skywell's Distributor in 15 Countries, and Skyworth Reach Agreement for New Battery Factory
Jul 4, 2023
Ulu Motor, subsidiary of the Ulubaslar Group, and Skyworth, manufacturer of Skywell electric vehicles, have agreed to open a state-of-the-art battery production facility in Türkiye. The plant, featuring an advanced 800 + 4C architecture, is set to commence operations by the first quarter of 2024.
Istanbul, Turkey - July 4, 2023 /MarketersMEDIA/ —
Skyworth, the parent company of Skywell, bolstered its position in the global market competition last year by inaugurating a 1.2 GWh battery factory in Jiangsu province, China. Spanning 22,000 square meters, the facility houses a battery module and two battery pack production lines. Recognizing the investment potential in Türkiye, the company has partnered with Ulu Motor to establish a ‘Battery Development and Production Facility’ in Türkiye.
With the production of batteries at the new facility, the charging power of the batteries will increase from 120 kW to 480 kW, enabling an 80% charge in just 8 minutes. Additionally, this battery production and investment will encompass not only vehicle batteries but also batteries incorporating energy storage systems. The 'Energy Storage Battery System' will enable energy storage from solar power.
A Bold Step towards Europe
The Skywell ET5 model has become one of the most remarkable electric SUVs, making it one of the top-selling cars in Türkiye in 2022. With its powerful design, fast-charging battery technology, a range of up to 642 km in urban areas, semi-autonomous driving capabilities and an 8-year 150,000 km battery warranty, Skywell has established itself as a significant player in the European electric vehicle market.
The successful sales performance of Skywell's first model, the fully electric ET5, in Türkiye has led to significant growth and activation of its headquarters in China. Thanks to Ulu Motor's rapid success in sales, the majority of Skywell's management and distribution in a total of 15 countries, mainly in Europe, is now handled by the Turkish company.
Skyhouse, more than a Showroom
Skywell's exclusive experience centres, known as Skyhouse, introduced by Ulu Motor, offer more than just an automotive showroom. Customers visiting Skyhouse can spend time in dedicated experiential areas and access meeting spaces while also benefiting from discounted charging options through ZES DC charging points. This service is not limited to Turkey but is targeted for all 15 countries where Ulu Motor operates as a distributor.
Contact Info:
Name: Burak Atalan
Email: Send Email
Organization: Ulu Motor
Website: https://ulumotor.com
Release ID: 89101505
If you detect any issues, problems, or errors in this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 8 hours.
More News
Burnham vows end to 'rip-off parking charges' under new rules
The changes come after concerns that penalties issued by private providers are too harsh and leave motorists unfairly punished.
Revolut outage hits 'multiple services' as thousands of users report app issues
Some users of the British neobank reported being unable to make some payments or access funds in its app on Tuesday.
What is the Budget and what could be in it?
Chancellor John Healey will set out his plans for UK taxes on 28 October.
Food aid charity under pressure from fuel costs
FareShare South West says fuel costs are putting immense pressure on work helping thousands in need.
How is the US economy really doing under President Trump?
Ahead of the midterms Trump has boasted about the performance of the US economy. BBC Verify looks at inflation, jobs and economic growth in the country.
Graphics: China's economy picks up steam in Q3
Graphics: China's economy picks up steam in Q3
The VW Bus, Now Electrified, Keeps on Truckin’
A restored version of Volkswagen’s Flower Power-era Microbus, kitted out by Kindred Motorworks, is aiming for the affluent, while VW’s own E.V. is slow to get moving, much like its forebear.
‘A Ticking Time Bomb’: An Economic Crisis Looms in Indonesia
Once a model of economic stability, Indonesia now faces growing hardship at home as President Prabowo Subianto’s policies shake investor confidence.
Black Unemployment Hints at a Job Market in Worse Shape Than It Seems
The Black unemployment rate climbed a percentage point to 7 percent in September, almost double the rate for white workers.
Elon Musk Says He Will Give a SpaceX Share to ‘Every Kid in America’
Anthropic, an A.I. rival to SpaceX, earlier said it would form a “public benefit fund” and other tech moguls have contributed to savings accounts for children.
Christiane Amanpour Says She Is Leaving CNN After 43 Years
The chief international anchor, one of the most famous names in broadcast news, started as an assistant at the network in 1983.
Ex-OpenAI worker accused of planting bug had Saudi support, claims prosecutors
Abdulrahman Alfozan, who is accused of planting a recording device, has been denied bail.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.