TASHKENT, Uzbekistan, October 14. Sales of electric vehicles in September 2023 fell to 3,600, which is 20,000 cars less than in August of 2023, Trend reports.
Nevertheless, the electric car market has grown 6 times, compared to September last year.
As per data provided by the Center for Economic Research and Reforms (CERR), the least number of electric vehicles were sold in the Syrdarya, Jizzakh and Surkhandarya regions of Uzbekistan.
As per data for the third quarter of 2023, nearly 10,000 passenger electric vehicles were sold, showing a fivefold increase in annual sales. While the primary electric vehicle market for the month experienced a 2-percent decrease, the secondary electric car market saw an 8.5 percent increase in September of 2023.
Recently, representatives of 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.
In addition, Tunghsu Group is ready to invest $50 million in a solar panel project.