Russia's AvtoVAZ plans to produce electric cars in 2012November 11, 2011 - 15:55 AMT PanARMENIAN.Net - Russia's largest car maker AvtoVAZ plans to produce its first 100 ElLada electric cars in 2012, AvtoVAZ Vice President for Technical Development Yevgeny Shmelyov said on Friday. "Production of 100 ElLada electric cars next year is a reality," Shmelyov said. The price of the new eco-friendly cars, built on the basis of the Lada Kalina, will be twice the price of a petrol-engine Kalina, which costs from 280,000 rubles ($9,330) to 390,000 rubles depending on specification and engine capacity. The car maker has produced only two ElLada cars so far, each costing over 1 million rubles, Shmelyov added. "The Stavropol territory is the most promising in terms of sales. We are also discussing supplies with Moscow, where Mayor Sobyanin recently saw this electric car at the RusNano exhibition," Shmelyov said. Georgy Yefremov, deputy head of the Stavropol territory, said the region is ready to create preferential terms for consumers who buy electric cars. "We are ready to subsidise 10 percent of the price of each car for three years," Yefremov said, without elaborating. The first 100 cars will appear in Kislovodsk and Mineralnye Vody International Airport. "We will set up approximately 10 battery chargers at the airport," Yefremov added. Investcafe analyst Kirill Markin says AvtoVAZ' electric car program is primarily aimed at demonstrating the solvency of the Russian car industry, and will depend completely on Russian government backing. "If the Russian government will subsidize purchase of such electric cars, they will get major interest," Markin said, RIA Novosti reported. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Armenia calls for prohibiting threats of attacks on nuclear facilities Armenia has raised the need for a treaty prohibiting attacks on nuclear facilities devoted to peaceful purposes. Ameriabank's Trade Finance portfolio enriched with four prestigious awards from EBRD and IFC Ameriabank received the awards from international financial institutions in recognition of its trade finance operations. Armenian Economy Minister to make trip to UAE May 20-22 A delegation led by Minister of Economy Gevorg Papoyan will travel to the UAE capital of Abu Dhabi on May 20-22 Armenia Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar. |