Moskvich will find a new Chinese partner

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This year the Moskvich automobile plant will find a second Chinese partner (in addition to JAC Motors) to load production. In this respect he is writing RBC with reference to its sources.

“The issue is at the negotiation stage. The publication’s interlocutor continues with several companies, some of which are not yet on the Russian market,” he said.

It was noted that Moskvich plans to produce 22 thousand vehicles in 2024, and the production capacity is designed to be 180 thousand vehicles. Sources claim that the car factory had already tried to find a new partner last year but failed to achieve its goal. There is a possibility that the search this time will also fail.

Before that the Moskvich factory reported about billions of dollars in losses. To reach break-even, it needs to produce around 40 thousand cars per year.

Previously Nissan back to Russia via a factory in China.

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