To accelerate the localization of the production of critical automobile components in Russia, it will be necessary to invest up to 300 billion rubles from the federal budget, informs TASS refers to the strategy of developing the automotive industry in Russia until 2035.
“To achieve the target indicators for the implementation of the strategy, the following amount of funds will be required: up to 300 billion rubles from the budgetary allocations of the federal budget to accelerate a comprehensive program in 2023-2025. localization of critical automotive components,” the agency quotes from the text of the document.
Information that the document has already been approved seen on the government website. According to the strategy, it is planned to achieve 83% market share in domestic automobiles by 2035.
As priority areas for automobile exports from Russia in the strategy stated European Union countries, Africa, Asia and Latin America.