Invest News DetailBugun – The First Turkish-designed and manufactured electric powered automobile will be on the market in 2011. Designed by the renowned automobile designer Murat Gunak and his associate Alphan Manas, the first electric powered automobile will come in three styles for different consumer segments. The project will be headed by the Investment Support and Promotion Agency of Turkey (ISPAT) President Alpaslan Korkmaz, who will manage the pre-production stage of the project as the sole authority. According to the road map, the project involves the development of several prototypes before the production company is established and is under the close supervision of Turkey’s Prime Minister Erdogan. The company is expected to go public in order to secure substantial funds.