• KGS/USD = 0.01150 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
13 December 2024

Viewing results 1 - 6 of 2

First Electric Vehicles Roll Off China’s BYD Assembly Line in Uzbekistan

On June 27, Uzbekistan President Shavkat Mirziyoyev joined his Chinese partners in witnessing the start of production of electric vehicles at the BYD Uzbekistan Factory in Jizzakh. The visit marked the completion of first phase of the project which will have the capacity to manufacture 50,000 electric vehicles per year. Costing $160 million, the plant is furnished with modern equipment and robotic systems from China, as well as a laboratory for high-precision testing of the geometric dimensions of electric vehicles. The plant currently manufactures the Chazor and Song Plus Champion and President Mirziyoyev left his signature on the first electric car that rolled off the assembly line. In the coming years, the range of models will expand. During the second phase, costing $300 million, manufacture will increase to up to 200 thousand electric vehicles per year, and in the third stage, at a further cost of $500 million, up to 500 thousand vehicles. In tandem with the rising volume of vehicles produced at the plant,  local production of related parts will also increase. Starting with bumpers, glass, varnished and plastic parts, plans are in place to establish new enterprises to produce batteries, electric motors, aluminium parts, tires, and seats. The plant currently employs 1.2 thousand people and once all three stages are complete, the number of jobs will reach 10 thousand.    

Uzbekistan Boosts Electric Vehicle Industry

Expansion of electric vehicles manufacturing in Uzbekistan was discussed at a February 6th government meeting chaired by president Shavkat Mirziyoyev.  Mr Mirziyoyev gave an order to speed up projects in the domestic electric vehicle industry, emphasizing the need to establish local production of components in cooperation with the Chinese company BYD, a leading global producer of new energy vehicles and next-generation batteries. Mr Mirziyoyev also urged the industry to develop a network of electric vehicle charging stations in Uzbekistan. Today eight factories in Uzbekistan manufacture dozens of types of cars, passenger and freight vehicles, agricultural and special machinery. During his visit to China in January, Mr Mirziyoyev and BYD’s president Wang Chuanfu launched an assembly plant for hybrid and electric vehicles in Uzbekistan’s Jizzakh region, with a production capacity of 50,000 vehicles per year. He also supported BYD’s plans to assemble of its own electric buses in Uzbekistan. At the February 6th meeting, officials reported that over the past three years sales of electric vehicles in Uzbekistan have increased ten-fold; in 2023, 35% of car imports were electric and hybrid cars. Uzbekistan’s State Customs Committee earlier said that the country imported 22,490 electric vehicles (EV) worth $582.3m in the first 10 months of 2023, a six-fold increase compared to the same period in 2022. Of these, 20,640 EVs (91.7%) came from China, and the others were imported from the United Arab Emirates, South Korea, the United States, and Germany.