Togg's new partners: Wealth Fund and Turkcell

Togg's partnership structure is changing. Anadolu Group and Vestel are selling their shares in Togg. According to the statements made to the Public Disclosure Platform (KAP), binding contracts were signed on November 2, 2026. The shares will be transferred to Turkcell through the Türkiye Wealth Fund.

The two companies each owned 23 percent of Togg's capital. When the sales are completed, Anadolu Group and Vestel will not be among Togg's partners. In order for the transactions to be completed, official institution approvals must be obtained and the prerequisites in the contracts must be met.

Anadolu Group's share is divided into two

The 1,665,550,520 shares held by AG Anadolu Group Holding correspond to 23 percent of Togg's capital. 12 percent of this share (868,982,880 units) will be sold to the Türkiye Wealth Fund, and 11 percent (796,567,640 units) will be sold to Turkcell. The total transfer fee for the shares subject to sale was determined as 184 million euros and will be paid in cash on the closing date.

Turkcell also announced in its PDP statement that it would pay 88 million euros for an 11 percent share. When the transaction is completed, Turkcell's share in Togg will increase to 34 percent.

All shares of Vestel will be transferred to the Wealth Fund

Vestel, on the other hand, decided to sell its entire 23 percent share in Togg, together with all its rights and obligations, to the Türkiye Wealth Fund. The price of this sale is 184 million euros. Share transfer will take place after the necessary approvals are received and the entire price is paid on the closing date.

The companies have not yet shared an exact closing date. Therefore, when the transfer will be completed depends on the approval processes.

The number of Togg on the roads exceeded 130 thousand

On the same days as the share transfer, Togg's sales figures also came to the fore. Minister of Industry and Technology Mehmet Fatih Kacır, in his speech at the Grand National Assembly of Turkey Planning and Budget Commission, said that 55 thousand Togg vehicles have hit the roads in the last year, and more than 130 thousand in total to date.

Kacır stated that they aim to further increase Togg users with the start of production of the T6X model in 2027. The Minister added that with the support provided, the number of electric vehicle charging connections across Türkiye reached 48 thousand 900.