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
DoorDash to Buy Instacart for $17 Billion, Uniting 2 Delivery Giants
The deal combines the country’s largest restaurant delivery service with its biggest online grocery platform.
Christine Lagarde to Step Down as President of European Central Bank
Her plan to depart in February, months before the end of an eight-year term, sets in motion a selection process among European leaders for a new central bank president.
'I live with a ghost' - inside the haunted homes attracting bargain hunters
Properties where someone has died in tragic circumstances can have big reductions in price.
In Moving Gradually, Fed Risks Having to Play Catch-Up to Quell Inflation
Federal Reserve officials are expected to restart rate increases in December, but the cadence of additional moves will depend on the data.
Hit the Road This Season With These Useful New Map Features
The recent updates to Google Maps and Apple’s Maps use artificial (and human) intelligence for better navigation, planning and travel guides.
An ‘Endless’ Cruise Around the World Is Suspended, Leaving Passengers Stranded
The cruise promised a lifetime of sailing, for less than what it cost to live on land. But it was underfunded and couldn’t absorb the rising cost of fuel.
Hello Kitty maker cuts ties with Japanese spy drama after China backlash
Sanrio has apologised after its merchandise line with Japanese TV series Vivant drew criticism.
Chancellor says government has 'moral duty' to help young people out of work
Chancellor John Healey says any cuts to welfare will be done "in a Labour way".
'We need help for small businesses, not punishment'
People in Bilston react to the new Budget set out by Chancellor John Healey.
Fuel is now liquid gold, haulier says after theft
The fuel was stolen from two vehicles at the weekend, the director of M Pinches & Sons Ltd said.
U.S. Restricts Trade With Chinese Genomics Company
The move will block shipments from BGI, a major Chinese firm that U.S. officials allege is associated with forced labor and the abuse of minority groups.
Microsoft profits soar days after announcing thousands of layoffs
The week, the Windows developer said it would offer buyouts to 60,000 workers as it looks to curb costs.
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.