Economy
Posted: 4 years ago

Production of Electric Cars to be Launched in Kutaisi

The electric vehicles factory will be built in Kutaisi, – Prime Minister Mamuka Bakhtadze said  at the presentation of the Aigroup business group.

“I am glad to announce that for the first time in our region, electric vehicles production will be launched  in Georgia. Changan, the world’s largest automobile manufacturer, whose  strategic partners are Volvo, Volkswagen and Ford, decided to build a factory in Georgia and we will sell electric cars starting from 2020,” Mamuka Bakhtadze said.

According to him, the capacity of the factory will be 40,000 cars, 50% of which will be intended for the domestic market and 20,000 will be exported to the EU.

“This is a great success. Electric cars manufactured in Georgia will be Georgia’s main export product to the European market. We will make 4 models of electric cars, which will be affordable for all citizens of Georgia”, the PM said.