State Development Corporation VEB.RF is developing a financial model to stimulate production and demand for electric vehicles in Russia. This was announced by VEB.RF Executive Director Victoria Putilina as part of the roundtable on the development of electric transport at the Russian exhibition. RIA News.
It was proposed to grant preferential investment loans for the purchase of basic components of electric vehicles (batteries and motors). This will reduce the cost of electric cars for consumers.
“The financing will help release funds that automakers have withdrawn at high rates. “We want to create guaranteed demand for electric vehicles and charging infrastructure,” Putilina said.
According to him, an integrated approach is needed, such as promoting production, sales and creating refueling infrastructure. The scale of support depends on the amount of financing and localization indicators.
Today, Russia is moving to the second stage of implementing the concept of developing electric transport by 2030. The target is to increase the share of electric vehicles in total production to 10 percent.
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