It is planned to implement an electric vehicles unit project at the Central Asia Motors CO enterprise in Fergana province. This is stated in the presidential draft Investment Program of Uzbekistan for 2022-2024 Decree, published by the Ministry of Investment and Foreign Trade on the regulations discussion portal.
According to the document, the project will be implemented in 2021-2022 in cooperation with Hong Kong ZRSC Technology.
55 million US dollars project’s 43 million are foreign investments. The plant’s design capacity is 10 thousand electric vehicles per year.
in August 2020 it became known that the construction of an electric vehicle assembly plant had begun in the Kokand free economic zone. The project is being implemented by Shaffof omad sanoat LLC.
The total cost of the project, implemented jointly with the Chinese Silk Road Company, is $ 30 million, including $ 24 million of foreign investment. Preliminary calculations have shown that the estimated cost of a domestic electric vehicle will be $ 3,000. The company plans to start producing electric vehicles from 2021.
In mid-June of this year, President Shavkat Mirziyoyev, during his visit to the Andijan province, announced that an electric vehicle assembly unit would be built in the province.
“We will study the Chinese experience and build an electric vehicle assembly plant. Times are changing very quickly, industry should be based on knowledge, ”the head of state said at the time.
