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Russia to produce at least 150,000 electric cars per year by 2030, says ministry

The share of electric cars may reach 10% of the total production of transport vehicles in Russia

MOSCOW, June 1. /TASS/. Russia plans to produce at least 150,000 electric cars per year by 2030, the Russian Economic Development Ministry’s department director Maksim Kolesnikov told a roundtable on Tuesday.

"We expect production to reach at least 150,000 electric cars per year by 2030," he said.

Kolesnikov also informed that the share of electric cars may reach 10% of the total production of transport vehicles in Russia.

"We believe that the implementation of the concept [for development of production and use of electric transport in Russia - TASS] will allow creating a new technological sector in the country and producing electric cars with the share of at least 10% of the total production of transport vehicles by 2030," he said.

The ministry has drafted and submitted for approval the concept for development of production and use of electric transport in the country, Kolesnikov said, adding that the concept is estimated at 850 bln rubles ($11.5 bln).