Start of production
Farasis Energy and Togg: Joint venture Siro starts battery module and pack production in Turkey
Frickenhausen near Stuttgart, April 20, 2023 – Siro, a joint venture between Farasis Energy and Turkish global mobility technology brand Togg, has started production at the new Gemlik site in Turkey on March 31st. With a capacity of 3 GWh/a, battery modules and packs based on Farasis Energy’s high-performance lithium-ion technology will be produced. Annual capacity of the production facility will increase to 20 GWh/a by 2031. Siro supplies Togg, customers of Farasis Energy Europe as well as own customers in automotive, industrial applications and stationary storage solutions.
The start of the module and pack production is the result of a successful strategic partnership: Farasis Energy, one of the leading developers and producers of lithium-ion battery technology, and Togg, the global mobility technology brand, are joining forces for the Siro joint venture. The new plant, which was built in around 1.5 years, officially started mass production on March 31st, 2023, covers an area of 26,000 m² and employs more than 300 people.
“The opening of Siro’s production site highlights this successful partnership,” explains Dr. Keith Kepler, Vice Chairman of Siro and Co-founder of Farasis. Dr. Stefan Bergold, Member of the Board of Siro und General Manager at Farasis Energy Europe, adds: “Our manufacturing experience and expertise helped to build the plant in less than two years and our know-how complements Togg’s user perspective perfectly.”
In addition to the strategically important production, development is also a high priority in Turkey. Parallel to the growth plans in Gemlik, a research and development center including a prototype production is being built with a headquarter in Bilisim Vadisi, near Gebze. Gürcan Karakas, Chairman of Siro and CEO at Togg, explains, “There are continuously new developments in the field of battery technology, and we need to be close on the pulse of the time in order to offer our customers the best solutions possible. That is why research and development have a high priority at Siro.”
About Farasis Energy
Farasis Energy is a leading developer and manufacturer of high-performance lithium-ion battery technology and pouch cells for electric mobility and other sustainable power storage solutions. Founded in 2002 by Dr. Keith Kepler and Dr. Yu Wang in California, the company now operates research and development centers in China, Germany, and the United States. There are currently two production facilities in Ganzhou and Zhenjiang (China), with further production facilities being built by 2025, thereby increasing total planned capacity to 170 GWh/a. A new battery plant in Gemlik (Turkey) is in operation with the establishment of the Siro joint venture between Turkish electric car manufacturer Togg and Farasis Energy. With more than twenty years of experience in research and development and with over 150 patents, Farasis Energy is shaping the future of electric mobility as a pioneer. In addition to Togg, its major strategic partners also include companies such as Mercedes-Benz and Geely. For further information please visit www.farasis-energy.com.
About Togg
Founded in 2018, Togg is a Turkish-based USE CASE Mobility® brand with office located in Gebze, Turkey. Together with its sub-brands Trugo and Trumore, Togg develops new technologies, services, user experiences, and business models to form an ecosystem around smart and connected mobility. Togg is supported by Anadolu Grubu Holding A.Ş., BMC Otomotiv Sanayi ve Ticaret A.Ş., Turkcell İletişim Hizmetleri A.Ş., Zorlu Holding A.Ş. and the Union of Chambers and Commodity Exchanges of Turkey. Togg’s first European model is the T10X ‘smart device’, a C-SUV that will launch in major European markets in Q4 2024. A C-segment sedan and a crossover coupé will be next to join the production line. With a focus on sophisticated driving experiences, Togg plans to produce a five-model range and have a total of 1 million vehicles on the road across Europe by 2030.
