Volkswagen Russia Looking To Set Up EV Manufacturing In Uzbekistan
The Russian subsidiary of Germany’s Volkswagen Group is considering the possibility of launching production of electric cars in Uzbekistan, according to the Uzbek Ministry of Energy.
Uzbekistan was visited by a delegation of Volkswagen Rus, including the heads of all seven brands manufactured by Volkswagen in Russia, led by CEO Stefan Mecha.
At the meeting, Volkwagen Russia were informed about plans to develop the production of Euro-5 fuel in the country. In particular, they talked about the operation of the Uzbekistan’s GTL plant and the reconstruction of the Bukhara oil refinery.
The delegation was also introduced to projects for development of renewable energy sources in the country, and discussed a variety of potential joint venture projects including EV production.
The Volkswagen Russia and Uzbek cooperation dates back to 2020, when Tashkent Uzavtosanoat JSC and Volkswagen Group Rus concluded a cooperation agreement for the production and sales of light commercial vehicles in Uzbekistan.
Volkswagen Group Rus LLC is a subsidiary of Volkswagen AG, which was established as a result of an investment agreement signed on May 29, 2006. The company produces seven brands in its Kaluga and Nizhny Novgorod factories in Russia, including VW Passenger Cars and Commercial Vehicles, Audi, Škoda Auto, Bentley, Lamborghini, and Ducati.
Uzbekistan is a member of the Commonwealth of Independent States along with Russia, along with Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, and Tajikistan. It is an observer nation to the Eurasian Economic Union, which if it were to join, would permit free trade access to an increasing number of Asian markets, including Singapore and Vietnam, with the possibility of these being joined by China and India.
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