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30 Mar
14:15

Russia to produce EVs under new brand in Lipetsk

Russia plans to produce electric vehicles under a completely new brand, according to the Russian Ministry of Industry and Trade. The project will be implemented by Motorinvest, which intends to invest more than RUB 13 billion ($154 million) over 11 years, Kallanish notes.  The production will be implemented under a special investment contract signed by Motorinvest with the authorities of the Lipetsk Region and the Russian Ministry of Industry and Trade…
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