Turkey's Vestel aims to boost mobility unit value to over $1 bln in 3 years
04/04/2024 10:49
ISTANBUL, April 4 (Reuters) - Turkish electronics
company Vestel VESTL.IS aims to expand the value of its
mobility and energy storage systems unit to at least $1 billion
in the next three years, CEO Ergun Guler said on Thursday.
Vestel Mobility will operate in European, Mideast and North
African markets - with a potential market size of $580 billion -
focused on EV components, charging stations and large-scale
electricity storage systems, Guler said at a news conference.
(Reporting by Can Sezer and Ceyda Caglayan; editing by Jonathan
Spicer and Jason Neely)
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