Kazakhstan automakers ready to set up serial production of electric vehicles

kazakh-car-manufacturing-a29

ASTANA (TCA) — Kazakhstan’s automakers continue to increase the production of cars against the background of market recovery. Last year 1,548 cars were exported, said Almas Batanov, the chairman of Industrial Development and Industrial Safety Committee of the Kazakh Ministry for Investments and Development, the official website of the Prime Minister of Kazakhstan reported.

According to Batanov, the automobile production occupies the largest share among the priority sub-sectors in the machine-building industry (16%). In 2017 alone, 19,547 cars were produced in Kazakhstan. In the first five months of this year, the volume of production in the sector amounted to 71.5 billion tenge.

“At present, one of the world trends is the production of electric vehicles. The first types of electric vehicles have already been tested in Kazakhstan. In the future, domestic producers are ready to launch a serial production of electric vehicles at existing capacities as demand and necessary infrastructure is formed,” Batanov said.

According to Batanov, during the years of the first five-year program of industrialization, engineering has become one of the most dynamically developing industries in Kazakhstan. The volume of production increased 2.3-fold. The share of domestic engineering in the manufacturing industry grew from 9% in 2010 to 14.8% in 2014.

“In 2015 and 2016, Kazakhstan’s engineering industry experienced a difficult phase of development, caused by many external factors. However, since last year there has been a positive growth trend. So, for five months of 2018 the volume of machine-building production increased by 12.2%,” he informed.

Sergey Kwan

TCA