The South Korean Rooper Teikom plans to launch the production of electric cars in Asaka.
The project is estimated at 2 million US dollars. It is planned to arrange production of cars by the end of next year. In addition, Chinese companies are actively seeking to cooperate with Uzbekistan in this direction. For example, the Changan Automobile Group has reported that the company intends to organize the production of electric cars in the Ferghana Valley.
The Chinese automaker’s plans include investment, in the first stage, of about $ 15-20 million in the creation of a site for a large-head assembly of more than a thousand electric vehicles a year, with 100-150 people employed. Foreign investors are confident that their cars will become worthy competitors of the gasoline Chevrolet Spark and Chevrolet Nexia, both in terms of price and quality.
In the second phase, full-scale localization of production will be organized with the attraction of the capacities of enterprises in neighboring countries, especially since the Ferghana Valley is the heart of the domestic automobile industry: dozens of major enterprises for the production of components are located here. In general, in Uzbekistan, the company intends to focus on the production of modern cars with a hybrid engine or fully electric power unit.
And crucially, it is not a Chinese start-up striving to expand into international markets. Changan Automobile Group Co Ltd is part of the so-called Big Four of Chinese auto manufacturers. The company has joint ventures with Ford Motor, Suzuki Motor, Mazda Motor and PSA Peugeot Citroёn. Changan is headquartered in Chongqing.
It was the Changan Automobile Group that launched the first Chinese electric car production in 2012, the Changan E30, which received five stars in safety tests. Today the company boasts six production sites in the PRC, along with 15 factories manufacturing cars and engines outside the country. These capacities allow for producing over two million cars and the same number of engines a year. In addition, it is actively investing in research and development (R&D); its nine research centers are located in China, Italy, the UK, the US and Japan.
Another Chinese automaker going to settle in Uzbekistan is Henan Suda Electric Vehicle Technology. The company is considering the possibility of setting up an assembly production of electric cars in Bukhara, which can be launched by late 2020. Plans of the Chinese partners include investment of tens of millions of dollars. Henan Suda is one of the most dynamically developing young companies in the segment of production of so-called ‘clean’ cars. Recently, the manufacturer announced its intention to build a new technological platform in China for the production of up to 100 thousand electric cars a year.