logo
EN
РУ EN ЎЗ
  • Uzbekistan
  • Economy
  • Finance
  • Technologies
  • Markets
  • Culture
  • Sports
  • Tourism
EN
РУ EN ЎЗ

Issues of attracting investments in the electric vehicle industry of Uzbekistan discussed in Shanghai

Issues of attracting investments in the electric vehicle industry of Uzbekistan discussed in Shanghai

31/01/2022 11:10

Tashkent, Uzbekistan (UzDaily.com) -- Representatives of the Consulate General of Uzbekistan in Shanghai met with the chief executive officer of the manufacturer of electric vehicles under the Modern Auto brand, Liu Xin, Dunyo news agency reported.

Shanghai businessmen were provided with information about the investment climate in Uzbekistan and the benefits and preferences provided to foreign investors, as well as the ongoing work to modernize the automotive industry, including the creation of production facilities for international brands of cars.

It is emphasized that at present, there is a progressive increase in demand for modern electric vehicles in the domestic market of Uzbekistan.

Liu Xin informed that Modern Auto was founded in 2019 jointly with partners from Australia and the United States and headquartered in Shanghai. At present, the company manufactures and supplies to the Chinese market one kind of electric hatchback model, developed on the basis of modern technology and intelligent systems. The volume of annual production of this type of electric vehicle is 40 thousand units.

The Chinese businessman said that his company is currently developing two more models of sedan and SUV electric vehicles, and is also considering the possibility of entering its products into the international market and establishing cooperation with foreign countries. To this end, the issue of signing a memorandum of understanding with partners in Italy is being considered.

After a presentation about the promising automotive market in Uzbekistan, the management of Modern Auto expressed interest in establishing mutually beneficial partnerships with relevant companies in Uzbekistan.

As a result of the meeting, an agreement was reached that the Chinese side would consider the possibility of sending a delegation of Modern Auto to Uzbekistan to study the market and conduct further negotiations with relevant departments and potential partners on the prospects for creating the production of electric vehicles in Uzbekistan.

 

Latest News

A memorandum of cooperation in the field of ecology and environmental protection was signed

01/06/2023Read more

The Ministry of Foreign Affairs of Uzbekistan expressed concern over the launch of a space rocket by North Korea

01/06/2023Read more

A major accident occurred in the Uchtepa district of the capital

01/06/2023Read more

Currency rates from 23/05/2023

$ 1 11450.03 -0.245%
€ 1 12387.79 -0.088%
₽ 1 143.41 -0.306%
Other currencies »
  • Ronaldo in Uzbekistan
  • Measures on Qoqand development
  • Uzbekistan in figures. 2009.
  • ADB’s 43rd Annual Meeting
  • Uzbekistan in figures. 1H 2010.
  • Art Week Style.uz 2010
  • Uzbekistan in figures. January-September 2010.
  • Uzbekistan in figures. 2010.
  • Uzbekistan in figures. 1Q 2011.
  • London 2012
  • Incheon-2014
  • Elections-2014
  • Reforming public finance management system
  • Rio-2016
  • Elections-2016
logo
  • Registration Certificate of Uzbekistan Press
  • and Information Agency No. 0601 from 28
  • October 2009.
  • Founder: DAILY MEDIA
  • Chief Editor: Umarov Anvar Abrardjanovich
  • Address: Yunusabad 12-27-73, Tashkent,
  • 100180, Uzbekistan

About us

  • About Us
  • Condition of Use
  • Privacy Policy
  • Gadgets
  • Advertisement

Social pages

  • Facebook

  • Twitter

  • Google+

  • Telegram

© 2007-2022 UzDaily. All rights reserved.
Registration Certificate of Uzbekistan Press and Information Agency No. 0601 from 28 October 2009.

18+