Euronews - Georgia’s EU bid stepped up with new electric car manufacturing plant
Euronews - Georgia’s EU bid stepped up with new electric car manufacturing plant

The city of Kutaisi in Georgia hopes to put itself at the forefront of global automobile production with the opening of an electric car factory that plans to produce 40,000 vehicles a year.

A construction memorandum was signed in May by the Georgian industrial holding AiGroup and Changan, a Chinese state-owned vehicle manufacturer. The Changan corporation is the largest electric car manufacturer in the world, and has partnerships with Ford, Volkswagen, Volvo, Mazda and Suzuki.

Georgia’s Prime Minister, Mamuka Bakhtadze, is enthusiastic about the project: “This factory will open a new chapter in our economic history. It will have a very positive influence on our economic structure, by creating more than 2,000 jobs and – at the same time – will help us to increase our export potential.”

The plant will be the first of its kind not only in Georgia but the entire South Caucasus region, and will sit on 100 hectares of land on the outskirts of Kutaisi. In addition to the manufacturing plant, it will comprise facilities for painting, welding and the construction of solar panels.

Initially, the factory will contract 300 workers, with a view to producing 5,000 cars in the first 18 months. This will increase over time, with future plans to provide 20,000 cars to the domestic market and export another 20,000 to the European Union.

Read the full article at https://www.euronews.com/2019/07/26/georgia-s-eu-bid-stepped-up-with-new-electric-car-manufacturing-plant

 

 

Leave comment