Russian billionaire announces plans to build Yo-mobile plant in Far EastFebruary 20, 2012 - 13:13 AMT PanARMENIAN.Net - Russian billionaire and presidential hopeful Mikhail Prokhorov on Monday, Feb 20, unveiled plans to build the second hybrid Yo-mobile plant in the Russian Far East, RIA Novosti reported. “The next Yo-mobile plant must be built in the Far East to develop local innovation production,” Prokhorov told a press conference, adding the move was necessary to show that “we have something to demonstrate in relations with both China and Japan.” Russia's Yo-Auto plant, co-owned by Prokhorov, is expected to offer its first Yo-mobile hybrid cars for sale in December 2012. The annual production capacity of the first Yo-mobile plant near St. Petersburg is estimated at 45,000 cars. Capacity will be doubled after the second stage of the plant is built. A Yo-mobile features a maximum speed of 75 miles per hour (120 km/h), a cruising range of 249 miles (400 km) and an estimated fuel economy rating of 67 miles per gallon (30 kilometers per liter). Yo-Auto promotes the vehicles as "environmentally friendly, energy-saving autos for daily operation in the city, powered by both gasoline and liquefied gas." Prokhorov has said he wants to make a unique eco-friendly hybrid car that would cost less than $10,000. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. |