TASHKENT, Uzbekistan, October 31. China's Ruisu Intelligent Technology Company has expressed willingness to produce electric vehicle charging stations in Uzbekistan’s Ferghana, Trend reports.
The news followed a recent meeting between the Governor (Khokim) of the Fergana region Khairullo Bozorov and the representative of the Chinese company Michael Chen.
During the meeting, the parties discussed an investment project for the production of charging equipment for electric cars in the region.
As per the region’s administration, Ruisu will establish short-term production in the buildings it is renting until the completion of the construction of the enterprise. To do this, Bozorov offered a Chinese company to lease vacant facilities in the regions of Ferghana, Kuvaysay and Kokand.
Meanwhile, recently representatives of Chinese Dongfeng Motor (car manufacturer), Luoyang Grasen Power Technology (specializes in the research and development, manufacture, sales, and service of new energy electric vehicle charging equipment) and Tunghsu Group (mainly develops, manufactures, and sells liquid crystal displays and plasma display panel glass substrates) visited the region to discuss possible future cooperation.
Dongfeng Motor plans opening production of electric buses, investing $45 million in the project. The volume of investments will rise to $50 million in 2025 to localize the production of batteries and other components for electric vehicles, as well as organize a maintenance service.
Luoyang Grasen Power Technology company plans to launch the production of electric vehicle chargers in Uzbekistan. The company's potential investment in this project is estimated at $30 million.
