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Chinese could build electric vehicle plant in Ukraine

Source : 112 Ukraine

The price of these cars may drop, and more Ukrainians will be able to afford them, official says
22:26, 22 July 2021

Volodymyr Dahl East Ukrainian National University

A Chinese producer of electric vehicles plans to build a plant, which is why more Ukrainians will be able to afford them. Oleg Nazarenko, the CEO of All-Ukraine Association of Vehicle Importers and Dealers said so on air at Ukraine 24 TV channel.

"The Verkhovna Rada (the Parliament, - 112 International) canceled the VAT, import duties and excise duties for the procedure of vehicle imports. That actually did not change anything, only equalized production of electric vehicles in Ukraine to their import. By my estimates, if everything goes well, the Chinese producer of electric vehicles will come to Ukraine, planning to build a plant. After that, electric vehicles will become more affordable for Ukrainians, because the work force is cheap and electric power is cheaper than in Europe, too", Nazarenko said.

Related: Tesla's electric car can now be bought for bitcoins

He did not specify the name of the company that is supposed to build the plant. 

Related: Ukraine presents model of new electric car

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