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MIL OSI Translation. Region: Russian Federation –

10/15/2020

The Ministry of Industry and Trade of the Russian Federation is considering the possibility of exporting the Russian electric car Zetta to India, Pakistan, Jordan, Egypt and Germany, the press service of the ministry told TASS.

“The innovativeness of the project and the high competitiveness of the product make it possible to look with optimism at its export opportunities. The issue of its supply to India, Pakistan, Jordan, Egypt and Germany is being worked out,” the ministry said.

The electric vehicle certification is now in its final stages. “The first electric vehicles of serial equipment have been manufactured, technologies of serial assembly are being tested,” the press service said.

The Ministry of Industry and Trade also recalled that the ministry provided support to the Zetta project in 2017-2018. subsidies were issued in the amount of 285 million rubles for scientific research and experimental design (R&D). The company also received 49.5 million rubles of a soft loan from the Monocities Development Fund.

As the general director of Zetta Denis Shchurovsky previously reported to the “Vedomosti“, The Industrial Development Fund (IDF) refused the project a budgetary loan of 100 million rubles, which is why the start of production of Zetta electric vehicles, scheduled for the end of 2020, will be postponed.

“Now, due to the situation related to the spread of coronavirus infection, the company has certain problems, and additional investments of 100 million rubles are required to switch to serial production. But these funds can be invested not only by government agencies, but also by private companies,” – told the ministry.

About the electric car

Zetta is the first Russian electric car to be mass-produced at the Togliatti plant. It is a compact three-door electric vehicle. The maximum speed of an electric vehicle is 120 km / h. The cost of the Zetta in the basic configuration will be 550 thousand rubles.

A source: TASS

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EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.

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