Togg ranks 20th on most valuable brands list in Türkiye
A car assembly line at a factory of Togg at the Gemlik Togg Technology Campus, Bursa, northwestern Türkiye, May 17, 2024. (AFP Photo)
Togg has been recognized as the 20th most valuable brand on Brand Finance’s “Türkiye 125 – Türkiye’s Most Valuable Brands” list and ranked 42nd on the Istanbul Chamber of Industry (ISO) 500 list.
According to a company statement, Togg, which launched its first vehicle, the T10X, in all 81 provinces of Türkiye starting in April 2023, has earned top positions on both global and local prestigious lists.
Togg entered Brand Finance’s “Türkiye 125 – Türkiye’s Most Valuable Brands” list in 20th place with a brand value of $182 million in its first year of offering the T10X to users.
This list is part of Brand Finance’s “Global Brand Value Tracking Study,” which evaluates brand perception across over 6,000 companies in 31 sectors in 41 countries.
In addition, Togg secured the 42nd spot on the ISO 500 list, which ranks Türkiye’s largest industrial enterprises.
The company reported sales revenue of ₺24.3 billion last year, solidifying its position among the industry’s giants.
Market leader position
Aiming to be “more than a car,” Togg has collaborated with partners from various sectors, introducing the T10X to users in April 2023.
With over 30,000 T10Xs delivered, Togg has achieved a market-leading position in the C-SUV segment with a 9.6% share and holds a 40.9% share among all-electric vehicles based on this year’s sales figures.
