Farasis Energy and Togg reached a strategic cooperation and established a joint venture company, Siro

Farasis Energy has reached a strategic cooperation with Turkey's independent electric vehicle brand Togg and established a joint venture company Siro. In Turkey, Siro has established a 6GWh battery module and pack production line. With the delivery of Togg models and the commissioning of local production capacity, Farasis Energy will begin exporting battery cells to Siro in 2023 for local production of modules and packs to supply Togg.