Uzbekistan to produce up to 500,000 electric and hybrid cars per year
Uzbekistan to produce up to 500,000 electric and hybrid cars per year
The decision to increase the production capacity of electric and hybrid cars to 500,000 units annually was approved by the President. As per the decision, negotiations will be undertaken with the investors to incorporate several additional issues into the investment agreement.
The investment project aims to increase the localization of electric and hybrid cars to 60%, generating 10,000 new jobs for local residents. The project also aims to expand the list of countries for car exports, excluding those specified by the Joint Enterprise.
Measures will be developed to ensure the quality and safety of the cars, as well as their suitability for local climates, along with guaranteed service. Additionally, equal terms and conditions for granting privileges and preferences to all automobile manufacturing enterprises are being considered.
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