Russia encouraging electric vehicles

RUSSIA / FSU POLITICS - In Brief 15 Sep 2021 by Alex Teddy
As of 2022 electric vehicles will be able to access toll roads for free. The story appeared on the RBC website and followed the publication of a draft plan document by the government. On August 23 the Prime Minister signed the Development Concept for the Production and Use of Electric Automobile Transport. The government envisages electric sales rising to 25 000 per annum by 2024. They will be 10% of car sales in 2030. At present they stand at 0.05%. Russia is far behind the EU in the use of electric vehicles. A 2 000% increase in 10 years is highly ambitious. The government intends to use subsidized loans to speed up the sale of electric cars. Manufacturers will get a subsidy if they build electric vehicles. (EVs).Russia has over 1.5 million km of roads. Only 50 000 km are federal highways. Under 2 000 km are toll roads. So how will making toll roads free for EVs make a big difference?The government forecasts there will be 9 000 EV charging stations by 2024 and up to 72 0000 by 2030. Again it is hard to see this coming true. The government intends to create 1 000 hydrogen stations by 2030. This will lead to 39 000 new jobs in electronics and other sectors. The government wants to put USD 10.5 billion into EVs and hydrogen transport by 2030. Presently Russia is concentrating on EVs for public transport. Only 0.6% of buses run on electricity but in Moscow it is 5.5%. That is not far behind the EU where it is 6%.Many advanced economies are seeking to stop using hydrocarbons. There are multiple reasons for this. These include reducing climate change, increasing energy independence and improving air quality. The EU wants to ban fuel powered cars by 2035 and achieve carbon ...

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2025 GlobalSource Partners. All rights reserved. This is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this or its contents.