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Economy 28/09/2021 Uzbekistan intends to start production of electric vehicles
Uzbekistan intends to start production of electric vehicles

Tashkent, Uzbekistan (UzDaily.com) -- By the end of 2022, Uzbekistan intends to start production of electric vehicles in cooperation with Chinese partners. This is stated in the draft presidential decree on the investment program of Uzbekistan for 2022-2024, published by the Ministry of Investment and Foreign Trade.

The document notes that on the basis of the CENTRAL ASIA MOTORS CO enterprise in Ferghana region, it is planned to implement a project for the production of electric vehicles. The project will be carried out with the participation of the Chinese companies Hong Kong ZRSC Technology.

The project cost is US$55 million. At the same time, US$43 million are foreign investments. The design capacity of the plant is 10,000 electric vehicles per year.

 

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