TASHKENT, Uzbekistan, December 1. Uzbekistan has allocated $1.3 million worth of credit for the purchase of 20 electric buses from Chinese Zhongtong Bus company to its region of Bukhara, Trend reports.
As per data provided by the Bukhara’s regional administration, the vehicles purchased by Progress mega trans LLC are planned to be used on new bus routes of the city's public transport system from December 5.
Moreover, the company plans to further expand the city’s transport infrastructure by purchasing 80 more similar buses by July 2024.
Meanwhile, Uzbekistan and Chinese Anlu International intelligent technology company have been in talks over the transformation of the Uzbek transport sector.
Some other Chinese companies, including 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 in Uzbekistan, 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.