Russia’s automotive policy sets a target for hybrid and electric vehicles to account for approximately one-quarter of production by 2035.
Russian First Deputy Prime Minister Denis Manturov said at a meeting held in Moscow on August 31 that hybrid and electric vehicles are expected to account for approximately 25% of automobile production in the country by 2035.
Referring particularly to the passenger vehicle segment, Manturov said that one-quarter of production should consist of electric and hybrid vehicles by 2035.
The Russian government has also approved a strategy to develop the automotive industry through 2035. The approval of the strategy was discussed during a working meeting between Prime Minister Mikhail Mishustin and the deputy prime ministers.