SEZ TECHNOPOLIS MOSCOW WELCOMES ELECTRIC TRANSPORT PRODUCTION

A new resident of the special economic zone Technopolis Moscow opens a complex for the production of electric trucks and components for electric transport at the Alabushevo site. Investments in the project will amount to 375 million rubles as informed by Vladimir Efimov, Vice-Mayor of Moscow for Economic policy and Land-property affairs.

“The company received the status of a resident of the special economic zone of Moscow in January 2021. The new resident plans to construct a high-tech complex for the development and production of components for electric vehicles at the Alabushevo site in Zelenograd, as well as launch the production of vehicles powered by electric traction and hydrogen fuel. The enterprise will invest 375 million rubles in the project allocating 355 million rubles to be invested in the design of the future complex, construction and equipping and the remaining 20 million rubles to be spent on research and development activities. During the implementation of the project, the investor plans to create 75 new jobs”, said the Vice-Mayor.

According to Alexander Prokhorov, Head of the Department for Investment and Industrial policy of Moscow the construction is scheduled for 2021.

“The territory of about 1.2 thousand square meters will house engineering structures, production and office premises. The company will set up the production of storage batteries and sets of traction electrical equipment for electric buses and electric trucks, charging stations, electric vehicles for commercial and municipal purposes will be organized, as well as vehicles on hydrogen fuel”, said the Head of the Department.

The status of a resident of SEZ Technopolis Moscow enables companies to implement investment projects as efficiently as possible, freeing up resources through tax incentives for property, land and transport.

“The future production meets the needs of the growing electric transport industry, it is focused on import substitution and providing the industry with domestic components. In addition, the developments of the Drive Electro company will make a significant contribution to improving the ecology of the city. The company expects to occupy more than 50% of the domestic market of traction equipment for electric buses in the future”, added Gennady Degtev, CEO of SEZ Technopolis Moscow. 

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