Uzbekistan Plans to Manufacture One Million Cars a Year by 2030

Uzbekistan Plans to Manufacture One Million Cars a Year by 2030

The number of cars manufactured in Uzbekistan has grown threefold in recent years, with total annual production expected to reach 415,000 by the end of this year. This was said at a government meeting chaired by President Shavkat Mirziyoyev on December 14th.

In order to end the state monopoly and develop competition in the Uzbek automotive industry, three new private automakers and prestigious foreign brands have been attracted to Uzbekistan. Today, eight plants in the country manufacture dozens of types of cars, freight and passenger transport, and agricultural machinery. In addition, more than 2,000 enterprises in the industry closely cooperate with each other, and a 50% localization of component production is ensured.

It was said at the meeting that by 2030, Uzbekistan plans to increase the annual production of passenger cars to a million. Today, the world’s leading automakers are switching to the production of electric vehicles. If domestic enterprises are slow to develop in this direction, in the future they will face difficulties in occupying a worthy place in the market. Uzbekistan has already started the first projects in this direction. It is planned that next year a car plant capable of producing 10,000 electric vehicles a year will be launched in the country.

The President pointed out the importance of special attention being paid to the production of electric vehicles, and ordered the production of components for them.

Avatar

Times of Central Asia